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.

Tuesday, January 30, 2007

Datawatch

DWCH announced earning this morning. Looks like they may finally be turning things around. Sales of $5.776 million were up 22% from the prior year and earnings were positive. Albeit only $34,000 or $.01 per share after tax. Our new valuation is $8.32 per share, up from the $7.50 previously. Cautious buy on this one, assuming it does not break $3 today (we hope).

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