Fund manager sees big opportunities
Small-cap grab-bag: DualStar, Burst.com, Comtex
"The opportunities are great if you can find the right company," said Rudick
of Rudick Asset Management. (See our earlier profile of Rudick.) Rudick's
firm manages about $80 million, much of it in a fund called Mindful Partners.
Rudick has been averaging 30 percent or so returns for the past seven years.
Another small company in Rudick's portfolio is DualStar Technologies Corp.
(DSTR: news, chart). (See stock chart above.) The New York City buildings
contractor just received $46 million from real estate company Blackacre
Capital Management. DualStar, says Rudick, installs heating systems, air
conditioning and ventilation into skyscrapers.
Now, as corporations demand DSL lines, fiber-optic cables and other Internet
delivery mechanisms as part of their office set-ups, DualStar is trying to
recreate itself as a telecommunications contractor. "They wired the Trump
Tower, the Empire State Building. They did the heating and ventilation, and
now they want to do DSL and the fiber," says Rudick. |
