The Company develops, markets and supports a software application known as SourceForge Enterprise Edition and also owns and operates OSTG, Inc. and its wholly-owned subsidiaries, a network of Internet web sites.
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Retailer that is reinventing itself but will continue to be without profit.
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100 mio revenue versus cap of over 1 billion and no earnins make me see this as a dog!
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this may be the next Apple or Google!
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heh I just looked at the GKNT news &commentary column on its' CAPS ticker page.
Guess what? is completely full of blog spam
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New CEO hired to generate improved traction in on-line advertising sector. Company has $0.85 per share in cash and no debt. Have many proprietary websites for software developers. Believe these can be effectively monitized over the next year. See little/no downside from current level.
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NEWS below from Yahoo financial site:
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SourceForge insider Sobel buys 65,000 shares
Thursday June 19, 2:37 pm ET
SourceForge group president Jonathan Sobel buys 65,000 shares for $1.69 apiece
NEW YORK (AP) -- A group president of Web site operator SourceForge Inc. bought 65,000 shares, according to a Securities and Exchange Commission filing Friday.
In a form 4 filed with the SEC, Jonathan Sobel reported he bought the shares for $1.69 apiece Monday.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
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Company has 50M+ in cash/equivalents with a market cap of only 115M. Solid earnings/growth and dominating the niche Linux/open-source marketplace. Needs to get expenses under control but at near 52 week low and under $2/share this stock has a lot of upside potential. This stock, like many other small cap tech stocks have dropped a lot in the last 6 months with little or no reason. Take advantage now and hold until it reaches around $4.
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The next Google.
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At $2.00 a share there is no excuse to not hold onto this. Linux will never outsell Windows, but it's users are slowly increasing. SourceForge has some great opportunities to maximize advertising revenue as well as expand it's available downloads.
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SouceForge has a number of really good websites that are well positioned in their sectors (open source software).
Most of the open source software that I know uses SouceForge as their base. I've noticed that advertising and access to their eCommerce site ThinkGeek is being increasingly used to channel users down revenue-generating avenues.
They also own sites such as SlashDot and a few others.
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open source
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Linux at ridiculous price. Grab it. It's the future.
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No reason for it to be this low. Sourceforge's only PR comes from conferences and I belive that is why the price is still so low. We should easily see 2.75 and I expect 3.70 around december.
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undervalued after recent 25% drop. Revenue is growing, they need to get costs under control though.
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Proposed by Good People
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Still overvalued.
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Linux will grow in corporate use as companies get fed up with Microsoft.
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Open source has a bright future
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deal with microsoft and showing profit last years fourth quarter
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