January 10, 2006
SpeculatingStocks.com Stock Pick: EasyLink Services Corporation (EASY)
Stock Price: $0.89 (long-term strong buy)
EasyLink Services Corporation is a leading global provider of outsourced business process automation services that transform manual and paper-based business processes into efficient electronic ones.
The company reported revenue of $19.7 million for the latest quarter with net income of $0.3 million. There is $8.4 million in cash on the balance sheet.
EASY is moving off its recent bottom at the $0.70 level. It is now leveling at $0.80 and should move towards $1.40 the next few months.
SpeculatingStocks.com Target Price: We expect EASY to reach $1.40 within the next 3 - 6 months.