I like this one for a few reasons. The company has $1.39 in cash and the stock is only trading at $2.11. Also, insiders are buying the stock while many insiders in other techs are selling. The chart looks great and I feel the stock will work its way up to $3.
nsider buying....
INSIDER & RULE 144 TRANSACTIONS REPORTED - LAST TWO YEARS
Date Insider Shares Transaction Value*
2-May-05 HAWK, ROBERT C.
Director 500 Purchase at $2.10 per share. $1,050
28-Apr-05 HAWK, ROBERT C.
Director 25,000 Purchase at $1.9678 per share. $49,195
27-Apr-05 HAWK, ROBERT C.
Director 10,000 Purchase at $1.9991 per share. $19,991
21-Apr-05 VADHIA, JITESH
Senior Vice President N/A Statement of Ownership N/A
28-Feb-05 AALAEI, FARAJ
Chief Executive Officer 38,411 Purchase at $1.9898 per share. $76,430
28-Feb-05 ELAHIAN, KAMRAN
Director 19,206 Purchase at $1.9898 per share. $38,216
28-Feb-05 ELAHIAN, KAMRAN
Director 143,608 Purchase at $2.0165 per share. $289,585
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