There are investors whose eyes brim with tears when they hear the name Commtouch Software Ltd. (Nasdaq:CTCH). They remember how in the halcyon days of 2000, Commtouch’s share was worth $68. They remember that the “Israeli Yahoo!” had a market cap of $1 billion. Ah! What profits they made on the way up, and what a loss they made on the way down. Commtouch’s share is now traded at $0.56, reflecting a market cap of $30 million. This is not a typo. The company never carried out a share split or distributed a dividend to cause a technical fall in its share price. This is real, it burns and it hurts. It might be assumed that someone once burned by Commtouch would not again follow the company and its CEO Gideon Mantel. I am not saying this; Mantel himself said it a few years ago during an interview after some change or other to the company’s business model. << (#msg-7150388)