Inforte (INFT)

INFT also announced earnings on 4/25. Sales were up 15% and they made $.03 a share up from a loss last year. Cash was $30.1 million or $2.59 per share–still more than 50% of stock price. New valuation is $7.32 a share up from $6.85. Stock moved up steadily to $4.75 on Friday–up 16% from our $4.11 buy price. Hold–or buy a little if you have none.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s