MENT – Cheap Software Company
Oct 11, 2007 Small Cap Stock Picks
Havn’t posted much research on MENT and why i like it yet. They’re trading significantly below fair valuation in the software & programming industry with a low forward PE ratio of just 13x earnings, In comparison the industry average is currently trading at 37x earnings.
Analysts are expecting earnings of 1.19 eps the next fiscal year 09′ which gives MENT a suggestive fair future value its industry of $44/share compared to todays closing price of 15.70 which entails a 180% potential gain.
Looks attractive? I’d say so 
Technically MENT got a little eratic today dropping in the low 15′s and breaching the 13ema which worried me a little bit but fortunately price rebounded to close back up near my entry. A retest of the breakout zone near $15/share isn’t out of the question.
A little patience may be needed with this position.
long: 15.60















