http://online.barrons.com/article/SB1256...

Interview of hedge fund manager Ben Weinger of 3 Sigma Value Fund, a long/short fund.

On the long side, Weinger likes Comverse Technology, which trades on the pink sheets under CMVT. This software and information-technology outfit was snared in the options-backdating scandal. New management is in place, but the company hasn't yet filed audited financial statements with the Securities and Exchange Commission. When it relists, the shares will again be eligible for traditional long-only and mutual funds, giving the share price a boost. Given that Comverse has net cash of nearly $300 million and majority stakes in two free-cash-flow-generating companies, Weinger thinks the shares, now trading around 8, are worth 15 to 20 each.