The most attractive group within TSCC is being spun-off soon. The ECM (Enterprise Customer Management) unit at TSCC (around 500 employees) is growing revenues very fast (over 30%). This group will soon become an entirely new public company, totally focused on the ECM world-wide market.
At current low stock price levels (due to a soft ERP market in which over 50% of TSC's revenue is dependent), TSCC currently represents a very good value investment. However, it represents an even better opportunity, since some percentage of TSCC stock will likely convert into shares in the new IPO/company.
Is N O W the time to buy what appears to be half-priced? |
