I've continued to buy BND, adding to my position again today. It is my single biggest holding. A buy right now in the 16's might be a little risky short-term, but I've really grown to like it because ...
1) The Merinta subsidiary, which makes iBrow, does a lot of hinting on it's website about forthcoming anouncements. There are many things that "could" happen to send the stock on a run.
2) BND itself is aggressively trying to build it's business as a contract manufacturer, which is also a very hot field this year, and they also have several Thin Clients marketed towards businesses so it is much more that just "the iBrow company".
3) I'm hoping that BND will be a major sympathy play for the Netpliance IPO. Netpliance will maybe be a $1 billion market cap company. If BND can just get to $100 million market cap, a buy of BND right now will be great.
The only other related position that I have now is WIND (which, by the way is reporting earnings March 2). I'll hold it through earnings unless I have to sell it to raise cash if the market goes bad.
Others that I would look at hard if I was looking for an investment are NWRE, BEOS, NSM (less upside, but more stability), SIII and PASW.
I've got to warn you though, that right now I'm very biased towards BND because I've hitched my wagon there in a major, major way. It is a thinly traded AMEX stock and has shown over the last month that it can be $10 just as easily as it can be $17, so if anyone buys any, they need to do it based on their own research, not just what I say about it. |
