Miva, Inc. (MIVA)

Company:	Miva, Inc.
Web Site:	http://www. miva.com
Purchase Price:	$1.64
Current Price:	Click Here

Miva is a small and growing firm in the Internet advertising space, which salvaged the remains of several companies in the wake of the dot-com crash and has been quietly gaining momentum for the past four years. Its value proposition is aggregating several best-in-breed solutions offered by individual companies, enabling its customers to balance and adjust their campaigns to adjust to changing trends in new media promotions.

Admittedly, there's nothing on the immediate horizon that I expect will cause a dramatic, short-lived increase in value, but the company remains strong and stead, albeit small, and seems to be greatly undervalued, so I sense that it 2008 may be the year that the company turns itself around, or gets bought out. Given that the shares are selling at close to their book value, I sense there's a profit to be made, either way.