Buy - Price 5.05 on Feb. 28
by Needham & Co.

[Voice-messaging software firm SDBT, which sets up customer-contact calling related to collections and marketing] reported upside December-quarter revenues and non-GAAP EPS of $11.3 million and 4 cents, [above] our $10.7 million and breakeven. For the full CY, SDBT reported revenue of $39.5 million, 36% over 2006 results...The firm has executed flawlessly in its brief four-month public existence...[yet the stock] has painfully drifted down on microscopic volume... SDBT is trading as if it's a basket-case, money-losing, old-school, perpetual-license software business...[but] we don't see how the need for collecting arrears payments will do anything but rise. Buy. Target: 10.