To be able to find people's email addresses easily on the net
is one much-needed function. Or on a larger scale, something called
Directory Services for networks will be one of the critical technologies.
Banyan, with its highly-regarded Street Talk, seems to be
well-positioned to take advantages of the up-coming opportunities.
Progresses are make as they
1) launched Switchboard.Com, licensed street talk to software.com,
Cisco and Oracle;
2) made a marketing pack with Cisco on BeyondMail;
3) returned profitability.
I see Banyan as a low risk, high return play on:
a) direcotory services;
b) intelligent messaging (with BeyondMail distributed by Cisco);
c) value (1.2 x sales, strong balance sheet, conservative accounting)
d) takeover potential.
The weakness of the stock, however, is
1) no one really follows the stock;
2) the co is weak in marketing;
3) the co has an image problem ("a goner", kind of like BORL a yr ago)
as everyone is focusing on their declining VINE enterprise networking
business where they compete with MSFT and NOVL.
Comments anyone? |
