GraphOn, Inc. may be reinventing itself. The company has been trading in the 4¢-8¢ range for a long time, and had pretty much been written off by the market. It closed Friday at 21¢, sustaining a rise that began about 10 days earlier.
The company recently offered new cloud applications that can reduce customers' software licensing costs (= Microsoft licensing costs) a lot. Check out some of the recent posts on the Yahoo GraphOn board for some discussions of what's going on.
The indications are that GraphOn has found a successful sales-oriented revenue path forward from their prior focus on defending an acquired set of patents. This company should be on track to much better equity performance. It would not be a surprise to see this equity at $1/share by late summer. It's worth a look.
Posts: 1 | From: CA | Registered: May 2009
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