If you're interested in stocks that have been pushed down in price and are now very undervalued but still very good quality, you should take a look at Systems Evolution, SEVI.
SEVI's new managed services contract is with Petrobras Oil (14th largest oil company in the world, valued at 88 billion), is for 3 years, and includes the hiring of all personnel at Petrobras' new U.S. installation. http://biz.yahoo.com/bw/061005/20061005005297.html?.v=1
The estimate for this year's gross profits is 5.5 million (on 8 million in revenue). The projected share value based on this information is 0.0112 ($5.5 million/490 million shares). Thus, SEVI's current share price of 0.0015 appears to be a 87% discount.
If you get a chance to take a look, let me know what you think. If you're interested, I can go into more detail regarding the current stock price and short/long-term outlook.