Bill,
Here is another interesting idea. NTPA (Netopia). DSL Equipment manufacturer. Customers include all major DSL service providers (COVD, RTHM,...and many others) Sales abroad: France Telecom, Telekom Italia,...
Second line of their business is web hosting, which is also growing exponentialy.
Market cap 700 mil. At least 2 times less than its closest competitors, like CMTN (Copper Mountain), which I also strongly recommend at these levels. Sales are smaller, but growth rates are comparble, and customer base seems to be stronger. Looks undervalued.
Current price 45. I started a small position yesterday, and will try to buy more if it goes bellow 40, if any kind of market fall will drag it down.
Snapshot:
biz.yahoo.com
Good luck. |
