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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: gizwick who wrote (52683)	10/31/2013 3:52:59 PM
From: E_K_S	Respond to of 78476

CSP Inc. (CSPI) There is definitely some value in the company. I am just not too sure how the company generates their sales (need to go through their reports) but did notice in 2013 as you stated a delivery schedule resulted in missed earnings. I like their overall business and Yahoo shows their BV at $6.47/share. More importantly they have nice earnings reflecting a low PE. They have a consulting arm that could generate ongoing business. I see the need for such a company to go to the REIT Cloud centers and build their "open" systems to replace old outdated servers. They even state that they increase the server efficiency on a cost per sq foot basis w/ SSD and low power off the shelf hardware. The kicker is a recent buy out offer @ $7.00/share PRESS RELEASE: North & Webster Raises Offer To Acquire CSP To $7.00 Per Share In Cash Calls on Board to Take Revised Offer Seriously and to Immediately Engage in Meaningful Discussions North & Webster, LLC ("North & Webster") announced today that it has increased its offer to acquire CSP Inc. (NasdaqGM:CSPI) ("CSP" or the "Company") to $7.00 per share in cash by way of a letter it delivered to the Board of Directors on February 6, 2013 Still need to research the company. They brought in a few new board members too. Thank's for the idea. North & Webster LLC certainly finds value in the company. EKS