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INFR has incredible underlying technology (knowledged-based, search engine) which it is currently redeploying to address the emerging markets of customer self-service and eCommerce on the Web. Previously, the company focused mainly on selling it's Case Based Reasoning Systems as an adjunct to help-desk solutions such as Remedy, Scopus, Vantive, etc. While it has become a $25 million company in this market, it has the potential to grow to well over several hundred million dollars in sales. New CEO was appointed 3 months ago. I asked him at the Annual Shareholders Meeting why Inference was not perceived in the market as a Internet or Web Information company, and he said "Because we haven't told anyone yet that that's what we are." Stock has bottomed at 3 1/2. Company has close to 3 1/2 per share in CASH. This is a turnaround story but I see little if any downside and a huge potential upside. There are not many bargains in Internet/Web Info stocks, but this is one of them! | ||||||||||||||
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