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
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
Dan Ross
http://BetterBizIdeas.com
http://BetterBizIdeas.com
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2 comments:
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.
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.
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