I am ignorant about IPOs; if I were going to start, I would call Ashtech & just ask.
Related businesses I know of are: Mapping tools: Mapinfo (MAPS) Digitizing maps: Analytical Surveys (ANLT)
I have some stock in ANLT; they digitize maps; their clients are chiefly governments. This means maps of utilities, zoning areas, natural resources, etc. I was attracted partly by this and partly by the fundamentals: low # of shares, high management ownership, increasing earnings, recent acquisition of another, similar company. Their stock is not marginable, perhaps cap. is too low (3.3 m shares, currently $17).
Any thoughts?
Sincerely Eve Edelson |