MOUNTAIN VIEW, CA -- (MARKET WIRE) -- 12/05/07 -- eGain Communications (OTCBB: EGAN), provider of the industry's top-rated* customer service and contact center software for in-house or on-demand SaaS deployment, today announced that eGain Service 7.6 International Edition was named a Customer Interaction Solutions 2007 Product of the Year.
When this company is 'discovered' there will no doubt be a big spike upwards. I think tax selling is in the works now but Cisco gets into play this month plus the VA. A few more months should see a decided push up.
Constant Contact (CTCT) raised $100 million in IPO and is trading $20. It's just an email marketing company. Kana keeps raising cash again and again and still gets a higher market cap than Egain. LPSN trades at 25x market cap of Egain with 2x higher revenues.
I can't understand why the insiders haven't taken this company private and instead chose to convert the preferred shares at $11.
This company has good products and just may need some cash infusion and a re-birth in Nasdaq small cap market.
Above all, Ash (CEO) continues to draw no salary ($25/annum), gives loans to company and hasn't sold a single share since the 1999 IPO. Very Strange indeed.
I now own 14,000 shares and hope something good happens in 2008.