Envivio Inc. (NASDAQ–ENVI)

Valuation-$4.53

Price September 8, 2015-$1.95

Latest earnings were for the second quarter ended 7/31/2015. Revenues were $11.7 million up $.2 million from last year ($11.5 million) and they posted a Non- GAAP loss of $400,000 versus a loss of $1.3 million last year.

ENVI had $35 million of net cash or $1.25 a share and our valuation was $4.53 a share up from $3.81 in the previous quarter.

Trading at only 43% of our valuation and with 64% of its market cap in cash, we think this is a BUY.

There are about 28 million shares outstanding and it trades about 117,000 shares a day.

About ENVI: Envivio is a global market leader and innovator of video software solutions that are trusted by video service providers and content companies worldwide to power stunning video quality and captivating, personalized experiences to their millions of viewers on any device, over any network. Leveraging its pioneering and technically superior virtualized video delivery solutions, Envivio enables video operators of any size to increase revenues and reduce costs while uniquely providing the best-in-class quality, reliability, efficiency, and scalability to support the new age of video anywhere. Envivio is headquartered in San Francisco, California with offices worldwide in France, China and Singapore.