S1 Corp (SONE)

Stock got ahead of its self and could not hold. It has come down and bounced off of a higher low, but value is still there. This is not the same old internet stock of old. Worth a new look. Could hit $8.50 with in a year and $10 within 3 years.

6% insider ownership and 80% institutional. Lots of insider selling at the end of 2008 (some planned, but others not planned.) Increasing revenue and NI despite downturn. Excellent balance sheet, $63M cash on hand, only $6M LT debt, overall liabilities vs cash, they are only $6M short cash on hand to cover all liabilities. Last 7 quarters were all positive EPS. They are partially levered to State Farm (18% of revenues), but they are a solid company with cash on hand and staying power. They'll be around for the long hall. I would like to see them look at smaller competitors to snatch up, or look to a high quality marketing campaign for when the economy turns and companies are starting to invest in their products/services again.