With a market capitalization of less than $115 million, and no analyst coverage, we expect that few investors have heard of Aware (AWRE). And those that have heard of the company most likely know it from its sale of certain Wi-Fi and LTE patents to Intel (INTC) for $75 million in April 2012, as well as the sale of more patents to TQ Delta in August 2012 for $16 million. However, under the surface lies a profitable biometrics and medical imaging company, with positive operating cash flow, a pristine balance sheet, and a board and management team that own over 15% of the company's outstanding shares. As the company sheds an unprofitable services...
Aware, Inc.: Gains To Come As The Market Becomes Aware Of True Profitability
Sep 12 2013, 09:45 | about: AWRE
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Editor's notes: AWRE is shutting down an unprofitable division, which should allow its core business to shine. Helix Investment Research, who nailed SEAC, says the underfollowed tech stock has 20% upside.