WEBMETHODS AGAIN

WEBM

Picked up some WEBM at 4.90 today. This pick is somewhat against my principle as I believe it will likely need some catalysts to move up, even though it is really really cheap. I believe there is a good chance that it will beat its Q2/05 guidance. In any event, the stock is traded close to its cash value and it is cash flow positive. Down side risk is limited. Risk/reward ratio appears in favor. Target 6.5 in 12 months.