August 16, 2006
SpeculatingStocks.com Stock Pick: Tut Systems, Inc. (TUTS)
Stock Price: $1.26 (short-term strong buy)
Tut Systems, Inc. delivers advanced content processing and distribution products as well as comprehensive system integration services for deploying next-generation data and video services over broadband networks. Service providers, content providers and government agencies worldwide use Tut Systems solutions to deliver broadcast-quality video over broadband networks.
TUTS is in a hot industry helping companies move their IPTV plans forward. Tut Systems just added Ace Communications Group of Minnesota as a new customer.
TUTS has been moving off of its 52-week low of $0.92 set on August 3rd. TUTS is on its second leg up and should see $1.50 soon.
The Chairman of TUTS purchased $44,000 worth of TUTS shares above the $2.80 level in late May. Several other officers acquired shares in the non-open market in June.
SpeculatingStocks.com Target Price: We expect TUTS to reach $1.80 within the next 1 - 2 months.