2006 Year in Review

Posted on December 24, 2006
Filed Under Investment Reflections | Leave a Comment

Due to requests from several subscribers, we have prepared an updated
spreadsheet, which details the returns from the picks we have mentioned
on EnvoyGlobalResearch.com and CasinoCapitalism.com over the past year.

To access this spreadsheet, please click here.

We’ll note briefly that since starting this site a little over a year
ago, we have profiled 30 companies. Out of our 30 […]

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Redback Acquisition Very Positive for Extreme (EXTR)

Posted on December 20, 2006
Filed Under EXTR | Leave a Comment

Last evening Ericsson announced an agreement to acquire Redback Networks (RBAK) for $2.1 billion in cash or about $25 per share. This allows us to lock in a 150%+ gain on our original Redback investment, the first pick we made on this site back in October 2005.
More importantly, though, are the repercussions that the Redback […]

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Extreme Networks (EXTR): An Attractive Turnaround in the Networking Sector

Posted on December 18, 2006
Filed Under EXTR | 5 Comments

If you’ve been following our picks for some time, you know that the first stock we mentioned on this site was Redback Networks (RBAK). Despite a huge amount of volatility, RBAK has been a very profitable investment for us, having more than doubled since we first wrote about it fourteen months ago. The success of the RBAK investment has had as scouring for more network-related “bubble stocks” that have fallen on hard times and yet appear to offer good odds of turning around. Extreme Networks (EXTR) definitely fits the bill and we believe the shares could appreciate significantly in the next 12 to 18 months.

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Fibernet (FTGX): Merriman Curhan Ford Initiates

Posted on December 15, 2006
Filed Under FTGX | Leave a Comment

We were pleased to see that Merriman initiated coverage of Fibernet  Telecom (FTGX) this morning with a Buy rating and an $8.25 - $9.50 price target.  We have not had a chance to review the report in detail, but we should mention that we think the analyst’s numbers are too low and that FTGX will […]

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Notes from Network Engines (NENG) 10-K

Posted on December 15, 2006
Filed Under NENG | 1 Comment

Network Engine’s (NENG) released its 10-K last evening. The report is an interesting read since it gives an excellent summary of the company’s changes in 2006 and the new strategic direction for the coming year. As we mentioned when we first started coverage of NENG back in February 2006 at $1.88 per share, 2007 should […]

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Needham on Phoenix Technologies (PTEC)

Posted on December 10, 2006
Filed Under PTEC, Members | Leave a Comment

As the PC industry has matured and prices have dramatically declined, the component pricing environment has been fierce. Phoenix, the world’s leading supplier of the BIOS firmware, which is essentially a PC component, has felt the effects of this pricing pressure acutely.

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New Stock Write-Up: WebSense (WBSN)

Posted on December 6, 2006
Filed Under WBSN, Members | Leave a Comment

Websense (WBSN) is an interesting enterprise software stock that could provide above-average appreciation potential over the next few years. The company is a leading provider of employee Internet management tools (EIM) to corporations of all sizes.

Since most Wall Street analysts still remain very skeptical about the company’s ability to reignite top-line growth on a sustainable basis, dramatic upside moves in the stock price could be possible if the company continues to deliver greater-than-expected sales results, as was evidenced in last quarter’s financial report.

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Motive: Riding SupportSoft’s Coattails?

Posted on December 1, 2006
Filed Under MOTV | Leave a Comment

On November 7, 2006, we alerted paid subscribers to an interesting investment opportunity in the shares of Motive, Inc. (MOTV.PK). The stock was then trading at $2.86, and has since moved up to $3.20. The shares may still offer additional upside.
Despite an ongoing accounting investigation and a lack of current
financial statements, we think that Motive […]

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