“Donner Corp. International, an Investment Banking firm
headquartered in Southern California, is issuing a Speculative Buy
Recommendation today and has initiated coverage on UniComp, Inc.
(Nasdaq: UCMP) Marietta, Georgia.
“‘UniComp, Inc. is an innovative provider of business solutions
and information technology services to small and large businesses
worldwide. To date, UniComp has implemented over 30,000
installations in more than 55 different countries. A recent study,
done by Gartner Group, has shown that this market has a $15 billion
host-server spending budget,’ Donner said.”
“‘We believe that the UniComp’s current stock price is
significantly undervalued. UniComp has very strong fundamentals,
including: solid earnings, relatively no debt and a stock price of
less than two times revenue. We also believe that UniComp belongs
at the forefront of the cutting-edge, high technology industry
given their extensive library of software. UniComp’s developed
software includes revenue and income producing Linux, E-commerce
and wireless solutions which further presents the Company to be a
compelling opportunity for investors, not yet discovered by the
street,’ Donner concluded.”