Network Engines (NEI)

[BooDog]

NEI rated as "BUY" on CNBC. I know some of us have been here before ~ I have, being that I normally look for companies that are at least half way decent taken down for one reason or another. My picks are usually under $5 and lean closer to the $1 mark. NEI's losing one revenue stream in a couple quarters but are moving forward with others and have the potential for future growth. The sector has also taken a pretty good hit market wide which doesn't help. One note of semi confidence comes from the form 4 filed just a couple weeks before they posted their financials.


Network Engines NEI $0.840 0.00 0.00% 36.6M 8.6x +21.27%
Take a look at some of their peers as well, I need to DD a couple of them and see if they're worth the risk.
http://apps.cnbc.com/view.asp?country=US&uid=stocks/stockvsPeers&symbol=NEI

http://data.cnbc.com/quotes/NEI/tab/6


form 4
http://www.sec.gov/Archives/edgar/data/1110903/000118143112025010/xslF345X03/rrd342613.xml

my own opinion as always.