Unwired Planet Inc (NASDAQ:UPIP)

CAPS Rating: 1 out of 5

The Company provides software and services to mobile and wireline operators, broadband service providers, and handset manufacturers.


Player Avatar NeroSagetrade (89.56) Submitted: 1/22/2008 8:48:04 PM : Outperform Start Price: $2.37 UPIP Score: -125.90

Most investors have given up on Openwave Systems and thats precisely why I'm recommending the stock now. OPWV is now trading at 10 times future earnings and those earnings estimates have been rising the past six months, something we havent seen from Openwave in over two years. OPWV has ample cash on hand with 55M dollars more cash than outstanding debt and they are trading at just 1.2 times book, a near historic low for them. We are also beginning to see the upgrades based on valuation stream in with Bean Murray upgrading OPWV this morning. I'm going to back the dark horse here and bet on a double in 16-18 months.


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