iPass, Inc. (IPAS)
The Company provides software-enabled enterprise connectivity services for mobile workers.
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No debt and nowhere to go but up
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Looking for a buyout on this one, good solid product line, active investors pushing for sale, possibly to Orange?
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FCF Yield on Next Years Financials in the 10-14% range which will equate to 85% return on after tax tanglible capital employed.
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This stock looks like it could double in 18 months or so. It is finally turning the corner and is doing so with lots of cash. With the current credit crisis, it may be able to pick up a couple companies that immeduately help the bottom line.If not, they could easily buy back 25% of there outstanding stock.
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First intewgrated remote mobile solutions for enterprises. Now you can connect from ffice, mobileand home to enterprisesmission critical applications
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I like the aggressiveness of Shamrock holdings, and they have a 13% take in IPAS.
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why not-possible upside is great, and this isnt my real portfolio!

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