Small Cap News — July 27, 2010
Unwarranted Gap Between ClickSoftware’s Market Price and Fundamental Value
Gino Verza submits:
This article discusses the continuing strong operating performance in the second quarter. It also highlights continuing strength in normalized operating free cash flow generation despite holding a substantial portion of the assets in low-yielding cash, and suggests stock repurchase as an opportunity based on real economic benefit. Also discussed is the major upside in value associated with deployment of surplus cash in an eventual acquisition, and the benefit in emphasizing free cash flow with investors and analysts as a key metric and as a driver of fundamental value.
Operating Performance