i like this stock because it seems to have turned the corner to profitability and has plenty of cash- however, book value is only $.75 - don't see where it's worth anywhere near $10 but stranger things have happened
It would be great, however does anyone have any clue as to which company would want to purchase Altigen. I am an Altigen fan, however I cannot see the perfect partnership and also cannot see another same industry company putting up the funds for a merge/buyout.
I've also heard of no development being built in that would be a path for partnership benefits.
Also, It does seem like the next generation of telephone systems that are going to be IP based will be software based. You will have a un-hardware solution that just has a box with two outletts. One for the Network (Internet or internal) and one for your Direct Internet connection if any.
Altigen still has not brought in SIP and even CISCO recently agreed to apply to it's IP services.
Sales are down big this month. There will be little to nothing coming in from December 15-January 30.
You may have an oppurtunity to buy on a dip during this time. Stabilization is at 3.85 into FEB.