The Investment Reporter, in its May 17, 2013, issue, says buy Redknee Solutions Inc., recently $3.08. The Reporter said buy on Aug. 17, 2012, at $1.20. A $1,000 investment at $1.20 would now be worth $2,565. Redknee Solutions is back as a buy if you need no dividends and can accept higher risk. It expects to earn 22 cents a share in fiscal 2014, up from the projected eight cents a share in fiscal 2013. This gives the telecom software provider a reasonable forward price-to-earnings ratio of 14 times. Partly offsetting Redknee's risk is cash of $31.4-million which exceeds total debt of $5.5-million. That is, until the company acquires Nokia Corp.'s business support systems. Buy.
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