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Mitch Vine
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VineSecurityJournal provides original research and content covering physical security, wireless and wired networking, and alternative energy (Greenvestor). Our research is based on financial fundamentals, plus a solid understanding of the underlying business, market, technology, competition and... More
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  • Plug Power (Plug) announced it has been ranked as one of the 500 fastest growing companies

    Plug Power Inc. (Nasdaq:PLUG - News) today announced it has been ranked on Deloitte's Technology Fast 500(NYSE:TM), a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Plug Power grew 149 percent during this period.

    http://finance.yahoo.com/news/Plug-Power-Inc-Ranked-Fast-pz-2087625615.html?x=0&.v=1


    See my article: http://seekingalpha.com/article/296232-plug-power-could-double-shipments-for-the-fourth-year-in-a-row

    Tags: PLUG, BLDP, FCEL
    Oct 20 10:42 AM | Link | Comment!
  • FLIR Systems – Tough market provides a buying opportunity
    One silver lining in the current market mayhem, is that good companies can become affordable. FLIR Systems    is a leader in imaging products used in both commercial and military applications.
    We like the company. Their growth had slowed recently, mostly as a result of the military side of their business. Growth on the commercial side has been much healthier. 
    In our recent SeekingAlpha article on FLIR, our biggest concern was that the stock seemed a bit over valued at $32.  When we last wrote about FLIR the price was high. VineSecurityJournal values technology stocks using a model that projects the value of future company earnings. We calculated a target at $24, and as of Monday, you can buy in at $23 plus change, providing a buying opportunity that we may not see for while.
    It is a tough time to be a buyer, but if you believe in buying quality stocks, and not timing markets, this might be the moment.


    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in FLIR over the next 72 hours.
    Tags: FLIR, TYC, LLL, LMT, RTN, GD, NOC
    Aug 08 2:20 PM | Link | Comment!
  • NICE - A Stock To Watch

    Although many of our readers will know NICE as a security products company, those products represent only about 24% of the company's revenues. Evaluating NICE is more complicated than most technology companies. The business is a complicated one with several quite different businesses, and they have been in a period of rapid acquisitions. This makes it difficult to assess how well the new acquisitions are running. Nevertheless, the management has been running the company profitably, and is generating some serious cash, so we've declared this one to watch. 

     We believe our value-added to you, dear reader, is to understand the industry, the company, its technology and its competitors enough to assess whatever rosy story management is telling us (and itself). We've added NICE to our watch list as a potential buy, and we'll continue to monitor how the new businesses are doing.

     FAST FACTS

    • Nice is an Israeli business, operating globablly, however they have ADR's which trade on US stock exchanges.
    • Nice runs several businesses: The main ones are Financial crime and compliance analysis products, public safety and security products, and Enterprise interactions solutions
    • Since 2008 Nice has acquired eight quite different companies, three of them in 2010 alone.
    • Revenue in 2010 was USD $689.4 Million up from $583.1 Million in 2009, however much of that growth came from acquisitions.
    • Earnings in 2010 were $48.7 Million (GAAP),
    • They had approx. $10 per share in cash and Marketable securities at the end of 2010, and no debt.  It seems the likelyhood of continued acquisitions is high.

    Company Summary

    You can read about Nice's business segments yourself at nice.com

    Conclusion

    Nice may be a good investment.  We might buy it ourselves but we wouldn't want to ask our friends to buy it without a little more time to see how the company is doing with the new acquisitions.  Conclusion:  watch and wait.



    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
    Jun 29 8:37 AM | Link | Comment!
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