<<When you can buy small companies with excellent technology but lack of production, marketing and sales, why the F--- would you keep around a large R&D dept?>>
Excuse me, API is not CSCO with billion of cash. Even if there is a such cheap company with excellent products then there are many other good companies with a lot of cash power to grab them. Supply and demand still working. API can not afford to hire a minimum wage person to send a PR or answer phones. And where the hell does this research team come from to go and hunt those deals in the market. Wake up and smell the coffee. These new sell people don't know a squat about technology and they shooting in the dark. They were lucky a few quarters ago when market was nervous and some companies were getting out of business but not anymore.
Time for new stock(GEAC). My PQUE did good and hope you benefitted. I stepped in a new company called GEAC computer inc(GEAC). it reported $.26/share(wow) yesterday and all past quarters it had high earnings. The price is below $7(a bargain). It's a canadian company(if it was a us company, price probably was above $20). It just got 5 upgrades from canadian analysts and RBC capital of US. If you buy it below $7 you will win 100%.
And API is going backward. Less earning than previous quarters. Th trend will continue. Meanwhile, I told you guys buy energy (oil & ngas) companies. A few weeks ago I recommended PQUE which was at $3.20 and now around $4.20.