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Author: NozRydr Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2356  
Subject: Wayside Tech Group (WSTG) Date: 3/30/2012 2:08 PM
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Wayside Technology Group, Inc anyone?

This is a new name for me. It hit the screen and my random number when I ran the screen today for April purchases.

Any one here ever come across this company or have opinions about the business?

It has an itty bitty market cap of $66M. They're building a good looking dividend record with reasonable payout ratio (4.5% and 54% respectively).

[quote]WSTG Company OverviewCompany Contact
Headquarters: 1157 Shrewsbury Avenue
1157 Shrewsbury Ave.
SHREWSBURY, NJ 07702
Web Address:
http://www.waysidetechnology.com/

Wayside Technology Group, Inc. is an information technology (IT) channel company. The Company resells software and hardware developed by others, and provides technical services directly to customers in the United States and Canada. The Company also distributes software through resellers indirectly to customers. The Company offers a line of products from publishers of software and tools for virtualization, networking, software development, database modeling, security, and other technical domains. The Company operates in two segments: Lifeboat Distribution (Lifeboat) and the TechXtend (TechXtend) segment (formerly the Programmer's Paradise segment). The Company offers a variety of products from a range of publishers and manufacturers, including CA Technologies Inc., Quest Software, Inc., Intel Corporation, Vmware, TechSmith Corporation, Flexera Corp., Acronis, Solarwinds, Astaro and Veeam Corporation. [/quote]


My top 3 by random pick today were:
GTAT (already holding)
WSTG (mulling it over)
DELL (mulling it over)

I spotted SAIC when I took a prelim look at the MFI screen a couple days ago. I'll buy that company just for GP -- don't know if it's fair to track it as part of my MFI portfolio since it didn't get bought based on falling in my random number block.

I have some personal knowledge of the business (family & friends employed there) but have never found an entry point or even tracked it that closely. Just that I see it as sort of an 'off the radar/unknown mini-bluechip.'
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