For anyone looking for companies with upside potential in the UK computer sector, there are some real bargain basement stocks representing companies going through a bad patch that must be worth substantially more than their market capitalisations to an ambitious predator: at 125 pence, Kode International Plc is valued at only UKP7.04m and must be worth more, even if only as a break-up; Alphameric Plc, worth just UKP7.33m at its current price of 34 pence must end the year higher than that or be acquired at a premium; Electronic Data Processing Plc, in the fashionable business of Pick-popping, is building a useful maintenance business and at 62 pence is worth only UKP5.35m – which buys UKP16m of profitable volume; and Sintrom Plc, which has fared much better as a public company than many expected, and is building a business in another fashionable area, networking systems, at 75p is valued at UKP7.66m.
