Wednesday, July 2, 2008

BLSW (Bridgeline Software) does another small acquisition




Not sure but I think it might be their fourth of the year. Steady as the company goes.....At some point my opinion is they need to merge or buy a bigger company. Too many $$$ go out each year vs. generated for the shareholders. They need to be bigger quickly to generate any meaningful shareholder returns.
http://biz.yahoo.com/pz/080701/145620.html


A view of their fundamentals and growth
http://finance.yahoo.com/q/is?s=BLSW

Their growth plan/investor presentation
http://www.bridge-line.com/downloads/Bridgeline%20Software%20Introduction.pdf

2 comments:

Miles said...

They seem to be getting to a critical mass to where they can make the larger acquisitions. They seem to be picking up good momentum and keeping the P&L on the right track. My bet is its just a matter of time.

BetterBizIdeas.com said...

The problem is that, in order to get recognized, sales have to be greater than $100 million. Yes, the company is undervalued but I think they need to be bigger before they get some recognition.