April 19th, 2006
Kronos (KRON)
The Lowell (Massachussetts) Sun had this story on Kronos (KRON) today. Kronos is a real puzzler. It is a market leader in software that helps businesses keep track of worker’s hours. Its fundamentals look reasonable. But the stock has been trading in a downward trend for more than a year. At $1.3 billion it is a smallish company, but Yahoo! lists 8 analysts covering the name, so it can hardly be considered undiscovered. Given the consolidation trend in enterpise software it may even make an interesting takeover play. Let us know if you figure it out.
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