BluePhoenix Solutions, Ltd.(USA) (BPHX)

mdriver78 (< 20) Submitted: 7/19/2008 6:38:43 AM : Start Price: $5.58 BPHX Score: -44.78

Analyst are forecasting 25-percent growth per year for the next five years; however, the stock price has been hammered due to Co expressed concern over global financial uncertainty increasing the sales cycle time. Yet in a recent press release the Co indicated that they have maintained a healthy pipeline and are actively engaged in discussions with both new prospects and current customers for follow-on projects, some of which are sizable. Further the Co continued. to book new projects throughout the second quarter despite the global economic conditions, and are seeing a particularly nice pick-up in AS400 business, as the ANSA subsidiary continues to grow."

The Co expects that the legacy modernization market will continue to present attractive opportunities and that they have the right solutions that enterprises need, and further, that the decision to migrate isn't a question of 'if', but rather 'when.' BluePhoenix's best-of-class solutions for migrating and modernizing legacy databases, applications, and IT platforms position the Company well for long-term growth and financial success in this market.

The management team has a history of meeting or exceeding analyst forecasts which is a good thing in today's market environment.