December 16, 2008

Ebix: A Rule Breaker

The Motley Fool mentions one of their Rule Breaker picks briefly in this article. Ebix is a company that makes software that is used to track and issue insurance certificates.

The company just bought one of their competitors, Confirmnet which should improve business prospects. This company should definitely go on your watch list, but you may want to wait until the company reports earnings for this current quarter. There may be cost associated with the buyout of Confirmnet that eat into EPS.

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