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April 29, 2010
Edited: April 29, 2010
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Please recommend this post if you like the info.
It goes up just before earning and takes a hit after earning.
The trading range is $2.20 to $2.70 - which is 20% move
500 shares cost $1100 and can make $200 every 3 months if the pattern holds
What happens in future is any one's guess. Do not have forward looking mirror.
I am going to trade in personal account. Four trades in a year - if it holds to history is annual return of 80%
From Yahoo web site
Revenue (ttm): 192.17M
Revenue Per Share (ttm): 2.31
Qtrly Revenue Growth (yoy): 3.50%
Gross Profit (ttm): 116.80M
EBITDA (ttm): 8.56M
Net Income Avl to Common (ttm): -14.52M
Diluted EPS (ttm): -0.12
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 105.15M
Total Cash Per Share (mrq): 1.25
Total Debt (mrq): 0.00
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 2.02
Book Value Per Share (mrq): 0.93
Cash Flow Statement
Operating Cash Flow (ttm): 7.93M
Levered Free Cash Flow (ttm): 32.09M
Openwave Systems Inc. provides software solutions for the communication and media industries in the United States, the Asia Pacific, Europe, the Middle East, and Africa. It offers products in the areas of server software, which includes service management, mobile analytics, and location application, as well as converged messaging products for mobile and broadband service products for mobile operators. The service management products manage content and media with a platform and services, which enhance the mobile Internet experience. The mobile analytics products enable operators to identify and proactively manage bandwidth allocation, as well as make business decisions based on subscriber behaviors and trends by aggregating subscriber data and behavioral information across various data sources, including on portal and open Internet browsing, mobile email messaging, video and audio streaming, device type, demographics,