INFR has incredible underlying technology (knowledged-based,
search engine) which it is currently redeploying to address
the emerging markets of customer self-service and eCommerce
on the Web.
Previously, the company focused mainly on selling it's Case
Based Reasoning Systems as an adjunct to help-desk solutions
such as Remedy, Scopus, Vantive, etc. While it has become a
$25 million company in this market, it has the potential to
grow to well over several hundred million dollars in sales.
New CEO was appointed 3 months ago. I asked him at the Annual
Shareholders Meeting why Inference was not perceived in the
market as a Internet or Web Information company, and he said
"Because we haven't told anyone yet that that's what we are."
Stock has bottomed at 3 1/2. Company has close to 3 1/2 per
share in CASH. This is a turnaround story but I see little
if any downside and a huge potential upside. There are not
many bargains in Internet/Web Info stocks, but this is one
of them! |
