ATGN LongFor the last five years the company has gone through a tough but the right transition from hardware to recurring software. For 20 years it reported Negative eps. The last 2 years it turned a slight profit and according to the conference call they expect it to continue. People havent looked at this stock in many years because of losses and no revenue growth. I think things are about to change as this last quarter the saas biz grew at over 40% topline but was masked by the decline in hardware which is now over. As revenue finally shows growth it will get recognized. Also the UC space has been consolidating MITL EGHT RING. I believe ATGN also has better technology in the financial UC space. Running an eps model for next year comes up w $0.18 assuming a 40x gives you a $7.20 target. Even if you use a conservative mult of 20x (1/2 its growth rate) you get a $3.60 stock. I'm sure more people on this site are better looking at technicals but in the 20 years this has only traded over 500k shares a few times so the stock is more than washed out w/ some very LT holders. Also its net asset value is .45 and that assumes 0 value for the business. Would love any feedback. I own a position in the company.
