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Louis' Latest

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5:53 pm
August 3, 2009


dlst

Member

posts 280

I'm trying to figure this one out–no luck so far.

The tease:

"This company is the 800-pound gorilla in a niche software market for insurance agencies, with more than 300,000 end users across six continents, and

The company has already handed my readers 131% profits since March and is about to do it again.
The reason is simple:

The company’s software makes it easier for insurance companies to process data and increase their profits.

As a result, sales and earnings continue to shoot through the roof, as the company simply has no real competition in its sector, serving the world’s 70 top insurance companies.

For these reasons, this company has one heck of a powerful recurring revenue stream that’s not only doubled my readers’ money since March…

… but has been one of the best long term investments I’ve seen in years and in this market, delivering more than 200% gains over the past two years and more than 800% gains since 1984. "

and:

"The reasons are as simple as 1-2-3.

You have a little-known, niche software company that’s delivering 47% earnings growth in this market.

It’s doubled my readers in just four months

The company’s fortunes have risen 8-fold in 5 years, turning a $10,000 investment into $80,000. A $20,000 stake would have put $160,000 in your pocket. "

7:17 pm
August 3, 2009


perfectsim

Member

posts 49

The only thing I can think of is something along the lines of Healthport, but I believe they are a private company.

7:19 pm
August 3, 2009


asafp

Member

posts 280

Perot Systems (PER)? Just a wild guess.

7:56 pm
August 3, 2009


dlst

Member

posts 280

Not so hard after all…some computer-aided filtering and a little searching in Louis' public blog and it's pretty clear that the stock is EBIX. Turns out he's been on this one for a while. Word must have leaked out early–it's up a couple of bucks already today.

8:47 pm
August 3, 2009


asafp

Member

posts 280

From the computer technical perspective, there is much to like here. They claim to offer some web based solutions which is a big positive from my perspective. I am a bit suspicious of a company founded in 1976 which claims to have 21st century software. There is just too much incentive to put internet lipstick on an IBM mainframe pig.

I'm not sure I buy Navellier's contention that they really don't have any competition. Relative newcomer INSW up 15% today. Not exactly a direct competitor, though. Yahoo also lists CSC as a competitor and I'm sure PER would be in there as well.

This one has already run up huge.

10:26 pm
August 3, 2009


dlst

Member

posts 280

Post edited 10:28 pm – August 3, 2009 by dlst


Re 1976 software: the apps that run on the web are pretty different from mainframe apps so I’d bet they had to start over again; but Indian and Chinese and Russian programmers who know the new stuff inside and out are affordable.

Think the stock is good for a 5-10% pop over the next few days? Might be worth dipping a toe in, although Louis’ “doublers” are usually not.

Louis lists SNWL, COOL, DSGX, and ARST as competitors, but maybe they're in slightly difference niches.

8:07 am
August 4, 2009


asafp

Member

posts 280

Be nimble,dlst. I'll be watching EBIX but not participating. These types of companies in software and tech are very interesting right now. The P/Es are low and the market caps are often well below where they were a year ago which makes them takeover candidates in my opinion.

EBIX does claim to have multilingual and multicurrency support which is quite an accomplishment if it works. It's difficult enough managing an insurance application in the US with states all having different complex rules and regulations. I'd be interested in how they manage it, whether they use cheap foreign programming services and how much of their stuff is truly web based.

11:54 am
August 4, 2009


asafp

Member

posts 280

Don't overlook the Massachusetts connection when evaluating tech/software/medical stocks. Anybody with a MA connection would seem to have an advantage with any government related business.

Obama taps athenahealth co-founder as CTO at HHS This article mentions ATHN and BSX.

Obama is good friends with MA Governor Patrick, close to both Senators, the entire Kennedy family, and obviously has Harvard connections. I won't even bother to mention powerful Congressman Barney Frank.

12:34 pm
August 4, 2009


stockcrazy10

Moderator

posts 477

I wonder why ATHN is falling…Confused…???

12:53 pm
August 4, 2009


Darrell

Member

posts 308

Maybe people are losing faith in anybody on the bam bam team and not supporting their companies. I do.

3:12 pm
August 4, 2009


asafp

Member

posts 280

Remember, we're supposed to be apolitical now and not "bitter clingers". Anywho, here are some symbols that I think are all MA based and might benefit from it. Just a list, I'm not recommending.

Boston Scientific (BSX), Hologic (HOLX), Waters (WAT), Haemonetics (HAE), Zoll Medical (ZOLL), athenahealth (ATHN), Phase Forward (PFWD), and Genzyme (GENZ)

4:36 pm
August 4, 2009


stockcrazy10

Moderator

posts 477

9:31 am
August 5, 2009


womanwithportfolio

Austin

Member

posts 33

Bad news on EBIX: down 10% on today's report. Louis still clueless.

9:38 am
August 5, 2009


Darrell

Member

posts 308

GENZ just got European approval for Mozobil (??) I think thats the name.  asafb, I'm not being bitter, just careful. It scares me when government gets to involved and caution is needed with the new Healthcare legis., I believe.

9:10 am
August 6, 2009


asafp

Member

posts 280

I'm watching ATHN. Down today after earnings. Director/Founder Todd Park is resigning to join the Obamites. Perception seems to be he's "abandoning" the company. He has to sell 1.23 million shares. Once this shows up on the official insider stats, I expect a further drop in ATHN and a great buying opportunity.

Officially Park has to recuse himself from any matters relating to ATHN, but I have an inkling that athenahealth will benefit from this move indirectly.


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