However, I still believe MAIL at current prices, is incredibly mispriced, and is one of the best values I can find in any Internet advertising business, both public or private.

MAIL announced that it expects to exceed $9 million in EBITDA in 2009, up from previous expectations of $7 million. The stock still appears to be very cheap.

IncrediMail (NASDAQ: MAIL), an Israeli provider of mostly free email and instant messaging (IM) software, is the latest software business to really grab our attention.

This morning Incredimail (MAIL) announced solid financial results which support my belief that the stock could double in the next 12 months.

Incredimail (Nasdaq: MAIL, Market Cap.: $32 million) is a decent speculation at current prices or lower. My optimism for the shares, at least over a short-period of time, is driven by the fact that the shares remain over 60% below their highs, and yet three positive pieces of news were recently delivered that seemingly could boost the stock price.