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.
The fixed-line telephony business is one that should experience negative growth in the coming years, as competition from wireless carriers renders many land lines useless. As such, the market accords companies in this space low multiples, and perhaps deservingly so. But some great opportunities arise when the market paints all companies within an industry with the same brush, without regard to what may be occurring within each business.
LICT Corp. (OTCPK:LICT) is a cash-cow that Mr. Market appears to have left for dead. But within...
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