they are direct competitors.based on that comparision FNDT should at least double.Current Market Cap - EPAY - 710MFNDT - 270MSales - EPAY - 163MFNDT - 137MCash - EPAY - 136MFNDT - 57Moperating Margin - EPAY - 4.84%FNDT 8.62%Do I miss something? or is FNDT significantly Undervalued ?disclosure: Long FNDT
FNDT reports record earnings!http://finance.yahoo.com/news/Fundtech-R...•4th Quarter revenue another record high of $37.8 million and year-over-year growth of 15%.•4th Quarter GAAP EPS 37 Cents /4th Quarter Non GAAP EPS 29 Cents. •2010 revenues of $141.9 million represent year over year growth of 20%.•Board approves 10 Cents quarterly dividend in 2011 subject to court approval. more...
OI own both stock and believe that FNDT is a great buy at current levels.I am of the opinion that FNDT will be bought it - possibly be EPAY. And EPAY may be an acquisition target as well.
I don't think EPAY can handle such a big acquisition...a fair price for FNDT would be atleast 500M$. too big for EPAY current ability, in my opinion.