Cheap Stocks

We focus on undervalued small-cap stocks. Usually with a large cash cushion. We have developed a valuation formula that has been highly successful, especially on small tech stocks. Since 2006, we have closed out 49 stock positions with an average gain of 37%. 9 stocks have been taken over.

Thursday, November 30, 2006

ARI Network Services Inc.

ARI reported Q1 (10/31/2006) results this morning. They were OK. Sales about flat and made $225,000 or $.03 per share compared to $498,000 or $.07 per share in 2005 (all earnings are un-taxed).
Earning were down because they appear to be trying to grow the business which is good.

Valuation stayed at $5.28 per share and they had $.24 of net cash.
BUY

posted by Cheap Stock Investor | 5:51 AM

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