Inefficient Market
Value, long/short equity, growth at reasonable price

Why Lantronix Could See Multiples Of Its Current Price

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

For full disclosure, I actually had this article written a few weeks ago. Of course, that was before Google (GOOG) decided to pay $3.2 billion, or about 10x revenue, for Nest Labs, a machine-to-machine ("M2M") home automation company. Needless to say, many stocks in the M2M industry rallied on Nest's lofty valuation. Stocks like Echelon (ELON), Control4 (CTRL), and Lantronix (LTRX) all saw gains in excess of 50%. In the interest of not getting readers trapped on a price...

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