Endace provide IT network security systems which reduce CPU load and enable 100% of packets to be inspected.

The Endace Blurb:
Endace is the world leader in the acceleration of network security and analysis applications.

Endace products include cards and optimised platforms, which deliver:
100% capture of network traffic irrespective of line rate/packet size
Near-zero CPU loading during data transfer to host
Flexible, Hardware-based offload of software functions


Useful Links
Endace website
14 Nov 06 : Interim Results
10 Apr 07 : Major US Ninjaprobe Contract
13 Apr 07 : Trading Statement - results "significantly ahead of market expectations"
14 Apr 07 : Guardian Comment on Endace and broker target raise
19 Apr 07 : Endace CEO, Selwyn Pellet, on ASB Business television
24-26 Apr 07 : InfoSecurity Europe Exhibition - Endace whitepapers and info
1 May 07 : Yahoo/Computer Business Online - Endace Plans App Modules for NinjaProbe
15 May 07 : Ninjaprobe 40GB/s Product Launch
16 May 07 : Agreement With Verint Systems
22 May 07 : Final Results
22 May 07 : Appointment of Chairman and CEO
22 May 07 : ZDnet Distruptive Technologies Blogger's Video on Endace
11 June 07 : Endace bosses sell large number of shares
29 June 07 : New Endace CEO, Mike Riley, interview on WallStreetReporter.com

Upcoming Events
none to report at present

Panmure Gordon has raised the Endace price target to 300p from 215p.

ZDnet video on Endace from disruptive technologies blogger:

http://blogs.zdnet.com/Berlind/?p=495

New brokers note distributed.

Up 16% today.

Make that 18% and counting....

Another article on Endace: Computer Business Review - Endace sees potential in time-stamping for trading floors

fantastic - well done valuemax for keeping the faith - I was very tempted to sell early on today but I found out somebody was very keen to buy this stock in large volumes - that can only mean one thing when the stock is thinly traded. Good also to see large buys going in late afternoon near high of the day.

How did you find out about the large buying, keepitreal?

Up a further 10% today. SP now doubled since this thread was started in April.

another excellent rise - my broker let me know about the keen buyers - I think they will have cooled a bit today after 2 days of significant gains

Endace have been doing the rounds with the analysts the past few days so I'm hopeful the buying interest will continue.

We may see a rise in selling though with the rising SP so I don't expect the 10%+ daily rises to continue. It'll find a balance somewhere, hopefully a bit further north of the present level.

I'd settle for just a nice 5% tomorrow :-)

The Express is reporting on a rumoured bid for Endace from Cisco.

http://www.moneyam.com/action/news/showArticle?id=1986403

Endace analysis and viewpoint from TMF user Marben

Well worth a read.

see you got your wish on todays rise with a very small pullback late afternoon - article you mention is very good and some of his forward projections are really quite astonishing - I too have sold some of my holding after sticking to my own rules but intend to keep the remainder which are effectively now free as a core holding. - keep up the good work valuemax

Yesterday's 5% comment was more in hope than expectation, but I'm not going to complain!

I did exactly the same as you today, keepitreal. Sold around half, kept the rest for long term. Not bad for a one month investment.

If only we hadn't sold half on Friday!

cant be too greedy I suppose - I tried buying some more today at 350 but price moved and I was too tight to buy at 355 - cant sell my holding now this stock is flying - I hear that Panmure may have increased price target again - anything on this?

I believe they have increased their target to 350p. SP well beyond that now.

From NewRatings.com:
LONDON, May 30 (newratings.com) - Analyst Nick James of Panmure Gordon maintains his "buy" rating on Endace (ticker: EDA). The target price has been raised from 300.0p to 350.0p.

In a research note published this morning, the analyst mentions that the company can take advantage of its technology edge to become a leading provider of network-monitoring solutions. Customer pull from tier-1 players has improved Endaces prospects and the companys transformation is likely to continue in FY08, the analyst says. Robust profitability would enable the company to fund its growth, Panmure Gordon adds.

Panmure seem to be always behind the curve on this one - assuming the share price stays round this level what do panmure say now - because with the share price appraoching 400p and their target already smashed they definately need to review target. - I will have a look at their comments when I get a chance

They'll need to raise it again soon. To 400p, no doubt.

another stonking day - buying still very persistent I see someone bought 5000 at 460 late afternoon which is really good to see - anyone who likes mountain climbing should look at the chart over the last month.
anyone who did not pay attention to postings by valuemax should start at the beginning of this thread look at the chart and weep
share movement today after this sort of rise cannot be just on new buying - watch out for bid speculation

sold most of my remaining holding yesterday when market looked bleak at 455p - just kept a few to make sure I keep an eye on Endace.
Endace was ripe for a correction when market turned back after such a big rise - a lot of punters have been shaken out of this - will be interesting to see how price moves over next few days