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Kentek Information Systems (KNTK)

This company is the leader in the mid-sized printer market (commercial and industrial printing). Right now it sells for about 4 3/4. It has over $26MM in cash, and over $56MM in working capital. Its total float is about 6MM shares. You could buy this company for nothing.

The firm specializes in high speed commercial printers, those that churn out more than 30-40 pages a minute. It is an OEM manufacturer for such firms as Siemens-Nixdorf, and others.

Check out its website at www.kentek.com