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has some challenges, but it's too cheap to ignore. This telecom
services company has had trouble growing and differentiating its
technology, but still offers nearly half a billion dollars in revenue, a
clean balance sheet, and an attractive customer base. It is also free
cash flow positive and rather cheap, with a multiple of 2.9x EV/EBITDA.
In November 2013 the company announced that it was forming a committee
to explore strategic alternatives, which may include "a business
combination or sale of the Company." We wouldn't be surprised if someone
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