In Search For Profits

Wednesday, September 17, 2003


In November 2003, cellular service providers must allow customers to keep their phone number when they change carriers.

The ChangeWave newsletter is telling us that there is a company that sells a number portability and number inventory management software and some other applications to most of these cellular carriers.

As they say, the stock went up recently and has a trailing P/E ratio of 16, sells for 8 times cash flow and will be growing earnings at 30-40% in the next 18-24 months.

I think the name of the company is Evolving Systems (NasdaqSC: EVOL). This Denver company has the highest share price appreciation over the last 52 weeks, as per Motley Fool's Bill Mann.





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