Topic: How To Invest

Hi Pat, What do you think of Double-Take Software? Thanks for your help.

Article Excerpt

Double-Take Software, $7.49, symbol DBTK on Nasdaq (Shares outstanding: 22 million; Market cap: $164.9 million), sells computer software and services that help safeguard data. Double-Take’s clients are mainly small- and mid-sized companies. Double-Take’s software lets customers move, protect and recover data on any server that runs Microsoft Windows, and on many that use the Linux operating system. Double-Take first sold shares to the public at $11 each, and began trading on Nasdaq in December 2006. Double-Take focuses on “disaster recovery,” or restoring computer systems after a complete failure has occurred. Recently, Double-Take has bought a number of other software companies. This has allowed it to expand into new areas, like backing up and transferring systems. In December 2007, Double-Take paid $8.3 million for Montreal-based TimeSpring Software, whose customers already used Double-Take’s software to recover their data or systems in the event of failure. Adding TimeSpring allowed Double-Take to move into more operational kinds of network functions, like recovering from routine human errors…