NEI – Network Engines, Inc.

The company has been acquired and does not trade anymore
Network Engines, Inc. designs and manufactures application platforms and appliance solutions on which software applications are applied for enterprise and telephony information technology networks. The company’s application platforms are pre-configured server-based network infrastructure devices designed to deliver specific software application functionality, and enhance the integration, manageability, and security of that software application in an end user’s network. It also offers platform management software tools and support services related to solution design, systems integration, application management, global logistics, and support and maintenance programs. The company markets its application platform solutions and services to original equipment manufacturers and independent software vendors in the United States and internationally. Network Engines, Inc. was founded in 1989 and is headquartered in Canton, Massachusetts.

The company has been acquired and does not trade anymore
Best stocks to buy now. See how to find them

Investment Process

Here is a riddle. Despite countless studies proving the superiority of value investing over growth or indexes, investors do not normally invest for value. Why is that? Don’t they want better performance and greater wealth? Christopher Browne of Tweedy, Browne in his presentation to the Columbia Business School (Nov 2000) talks about how most money [...]

What a way to finish the first half of 2012! The relief in the markets is palpable with the possibility that a solution to European debt crisis may be on hand. The story, of course, does not end soon, but the market will take any improvement in the situation. The Value Stock Guide Portfolio ended [...]

The saga of Network Engines (NEI) comes to an end with the agreement today with Unicom Systems to acquire the company for $63.2 m in an all cash deal and take it private. The price offered at $1.45/share is 85.8% above the closing price of NEI yesterday at $0.78/share. I recommended and purchased Network Engines [...]

This is a past Premium recommendation and is made available for your reference. For more past trades, refer to our trade history. After exiting my position in Xyratex, it would have been disappointing if I did not find a way to get my exposure to the storage sector back. With the remarkable growth in the [...]

50 Best Small Cap Stock Picks for 2012 for valuation and earnings. Includes downloadable spreadsheet.