Peter ImhofBridgewater Systems Corp.BWC.TOBUYMar 28, 2011

(A Top Pick Sept 15/09. Down 15%.) Software for telephone carriers. Good product with good opportunities for the future but ranks in the bottom 15%of his database. Sold at a profit.

In the top 10% of his database. Recent earnings were good and earnings estimates went up by 23% with a 7% earnings surprise. Earnings are supposed to grow 41% in 2010 but market has some concerns because most of this will be backend loaded. Keen on their product.

Software that authorizes and authenticates what happens on a cell phone. Just signed a $19 million contract, which suggests that they have half of their sales in the bag already for 2010. Expected to earn $.38 Dec/09 and expected to rise by 31%.

Software manufacturer for communication providers. Provide 3 areas including network access, entitlement control and subscriber management.