InfuSystem Holdings ($INFU) is a company that I ran across when I was reading about Ryan Morris in Businessweek. Ryan Morris is a young activist investor, and Businessweek wrote up a story about him and a couple of his activist forays. One of those companies was InfuSystem Holdings, so I decided to do some more research about the company to see if it was a good opportunity. Ryan Morris is the managing partner at Meson Capital Partners. Meson had an outstanding year in 2009, which you should read the annual partnership letter, as the partnership gained 753% for the...
WSTL – Westell Technologies Analysis
Business Overview Westell Technologies Inc (WSTL) designs and distributes telecommunications products primarily to major telephone companies. WSTL has been going through a transformation in the past year, and has sold off two of its major business units. It sold the Customer Networking Solutions (CNS) division on March 17th, 2011 to NETGEARInc. for a gain of $31.7M. The transaction transferred associated assets and liabilities to NETGEAR except for the assets of the Homecloud product family. The Homecloud product is being kept, and will be part of the growth strategy of the company going forward. WSTL sold the ConferencePlus division on...
ASYS – Amtech Systems Analysis
Amtech Systems – ASYS I started to look at the companies in the solar industry since the industry has been drastically depressed lately. I wanted to see if I could find an investment idea or two in the industry. I came across ASYS (Amtech Systems), which has a solid balance sheet and no long term debt, with a solid portfolio of products and patents. Business Overview ASYS is a global provider of thermal processing systems which includes related automation, parts and services for the solar / photovoltaic, semiconductor, silicon wafer and MEMS industries. In addition, ASYS also manufactures and...