Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Anyone heard anything lately on Xeta? The most recent SEC Reports look promising, business keeps churning along, and this company keeps making money.

I think the lack of funds flowing into this company is due to the fairly "boring" niche. Making call distribution and messaging for hotels certainly isn't a "sexy" industry. In addition, Xeta is pretty much a victim of the sub-par small cap (Russell 2000) overall performance.

I am still long. In fact, I have been buying more each month. I think these guys are a great value, and the return will eventually come.
Print the post Back To Top
No. of Recommendations: 0
Gotta agree with you. Like an idiot, I sold WCOM @55 in order to buy Xeta. Sure, I'm kicking myself, but I'd rather own a stock with a PE of 13 and a growth rate of 40%.
It's a boring business, but I have to think that if you put up the numbers quarter after quarter, somebody's bound to notice.
Good luck to us...
Print the post Back To Top
No. of Recommendations: 0
Gotta agree with you. Like an idiot, I sold WCOM @55 in order to buy Xeta. Sure, I'm kicking myself, but I'd rather own a stock with a PE of 13 and a growth rate of 40%. It's a boring business, but I have to think that if you put up the numbers quarter after quarter, somebody's bound to notice. Good luck to us...

I bought XETA @ 19 1/4 on 8/27/97 but am still holding. Guess this is how it feels to be a Red Sox fan. (Sigh.)
Print the post Back To Top
Advertisement