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Actuate Corporation Message Board

  • veqasfletch2001 veqasfletch2001 Jun 7, 2005 7:07 PM Flag

    B Riley upgrade

    Company Specifics

    Company: Actuate
    Symbol: ACTU
    Sector: Software: Reporting & Analytics
    Rating: Buy
    Web Address: http://www.actuate.com

    This Company is on the B. Riley Market Maker Coverage List

    http://www.brileyco.com/

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    • Yes, I like this firm since its research discovers undervalued, under-followed or misunderstood stocks by Wall Street like ACTU.

      B. Riley
      Headquartered in Los Angeles, with offices in San Francisco, New York, and Newport Beach, B. Riley is a NASD member firm providing research and trading ideas to institutional clients and high net worth individuals, and investment banking services to a wide range of middle-market private and public companies. Founded in 1997, the firm began by successfully targeting small capitalization California-based companies and has won a reputation for providing proprietary, unbiased and often contrarian Equity and High Yield research coverage of companies that are under-followed or misunderstood by Wall Street.
      At B. Riley, we are singularly focused on under-valued small to mid-cap companies on the West Coast � by identifying possibilities where no one else is looking, we achieve superior long-term returns for our clients.

      • 1 Reply to china_man_in_town
      • "Yes, I like this firm since its research discovers undervalued, under-followed or misunderstood stocks by Wall Street like ACTU."- China dude.

        Oh yes that is a great one. ACTU was discovered (and overvalued about 5 years ago when they were on the cover of Money Magazine. It's neem a long downhill ride since then. You're a little behind the times.

        Wall Street had (and still has) their number. They release a sub-par reporting tool (because they always fire their engineers when their sales can't "hit a number") and still after 5 years have ZERO MARKET SHARE. That is a tough market to compete in.

        Anyway that is my logic as to why nobody should invest in this company.