Target #3. Pervasive Software (NASDAQ:PVSW)
Target #3. Pervasive Software (NASDAQ:PVSW). Recommendation: Strong Buy
Disclosure: Long since 2009. Under accumulation. Never sold.
Of the three positions taken (GKNT, PVSW, and CYAN), PVSW fulfills Zenpenny's (@Zenpenny1) "5 elements that make for a successful investment" (1.) the best (Technical Perfection, Value, Cricket and the fact they are profitable).
5 elements that make for a successful investment
A restructuring angle (GKNT, CYAN)
Technical perfection (GKNT, PVSW)
A value angle (CYAN, GKNT, PVSW)
A macroeconomic angle
The cricket effect (GKNT, PVSW)
although GKNT is coming up fast and in some aspects exceeds PVSWs qualifications (iCade potential and Ken Langone's recent hiring of Geeknet's new Media CEO. CYAN is much more speculative. CYAN will either explode and create substantial shareholder value or will implode and remain an off-off broadway black hole neutra/pharmaceutical. CYAN should explode but its ability, to date, to create shareholder value is reprehensible and simply should not be tolerated by their shareholders going forward, given their new CEO, their new Chairman (also a 13D shareholder), and Wilmington Trust, also a 13D Shareholder, and owns 15.5% of CYAN common.
For PVSW analysis I will defer to Mark Gomes' (Seeking Alpha) superior spot-on analysis.
1. (April 20, 2011) Seeking Alpha, Pervasive Beats Its Numbers and Raises Guidance
2. April 19, 2011 @PervasiveDS Pervasive Solutions
Check out our Integrated Credit Card Processor for Salesforce here:http://bit.ly/gU28wP “It saves us hours of work each month." @PostureCo19 Apr via TweetDeck © 2011 Twitter
3. April 02, 2011) Seeking Alpha, Why Pervasive's Shares Remain Under the Radar.
4. (March 20, 2011) Seeking Alpha, Pervasive Software Shares Are Poised to Triple (PVSW no longer a cricket)
(1.) @Zenpenny1 Ali Meshkati 5 elements that make for a successful investment http://bit.ly/i6bAtv $$ 14 Apr via web © 2011 Twitter