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MIND CTI Value     23-Sep-09 08:46 pm    
Even after paying the $18.5M dividend the $29M market cap MIND CTI would have $15M in cash, zero debt, and operating income would not have the drag of ~$7.5M of impairment charges, so net income would be ~$2M going forward. They could pay out another $5-10M in cash and still have plenty to handle current operations. What is not to like for investors?
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DONCJONES


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MIND CTI Value
DONCJONES Not rated 23-Sep-09 08:46 pm  
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MIND C.T.I., Ltd. (MNDO)

Chart for MIND C.T.I., Ltd. (MNDO)
At 3:49PM ET: 1.58 Down 0.05 (3.07%)
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