EASY FLIP--- Stock can move 20% on 1,000 shares; check it out. Very low float... stock is down 80% in a week on news that it lost patent litigation against Oracle; could still appeal and has a solid core business.
Company Overview
Founded in 1995, Mangosoft, Inc. (OTC: BB: MGOF) is a proven provider of software and services that make the Internet a better place for business.
Through its MangomindSM Internet file sharing service, Mangosoft allows its customers to connect easily and securely with remote colleagues, clients and partners around the world, enabling them to make smarter and faster business decisions. Mangosoft's Cachelink® Web caching software maximizes a company's existing resources, making the Internet work faster and more efficiently. Designed with the end-user in mind, Mangosoft's products do not require expensive training, hardware or complicated system administration. Mangosoft sells its products directly to customers as well as through a network of value-added resellers and systems integrators.
The Company's patented Pooled caching technology leverages the power inherent in today's PCs and workstations, providing the basis for next-generation software solutions that improve the utility, effectiveness and value of networked computer systems. The resulting products turbo-charge network services, encompassing the Internet, intranets and local area networks ("LANs").
"Mangosoft's Pooling is the biggest software idea since network computers - perhaps since client/server. This [ability to scale] makes Pooling the next in a long list of major computing paradigms: batch, mainframes, interactive minicomputers, stand-alone PCs, PC LANs, client server, peer-to-peer, thin client, server clustering and now peer clustering or Pooling."
Bob Metcalfe - inventor of Ethernet and founder of 3Com.
--------------------------------------------------------------------------------
MangomindSM is a software service that provides a fully functional Business Internet file system. Business users can share files between enterprises and store the same data over the Internet with efficiency and ease. The Mangomind services function as an extended local drive, providing all of the ease-of-use and ease of file management normally associated with PCs and LANs. Mangomind requires no special hardware or network devices, extending users investment in existing network configuration and user training. The service expands the way businesses work today to allow multiple users from distributed groups to flexibly collaborate anytime and anywhere, even when disconnected from the network.
Cachelink® is a software-based, LAN-wide Web cache product designed to significantly improve the performance of Internet and intranet access. Cachelink stores frequently viewed Web pages and downloadable files, allowing them to be accessed by all PCs connected to the LAN. It complements the browser cache in every PC by linking them together in one cache pool for all PCs. The more systems on a LAN using Cachelink, the more effective the cache becomes, as it scales to every PC connected to the LAN. Thus, access to a web page from any one PC enables a cache copy to be available to all other users. In addition to being safe, secure and dependable, Cachelink is fault tolerant and maintains user privacy. It performs competitively against hardware-based caching systems and saves companies time and money through increased productivity and decreased wide area network usage.