Barrons: 29 Tech Steals

Barron's Tech Trader previews investment boutique B. Riley's Cash-Rich Technology Stock [CRTS] index, which seeks out small and mid-size tech companies trading at or near net cash per share. B. Riley doesn't make calls often, but its CRTS has a remarkable, if brief, track record: In 2002, 15 picks gained 326% over 18 months. In 2005, 13 stocks gained 18.6% over 13 months. CRTS III consists of 29 stocks.

Semis: California Micro Devices (CAMD), Centillium (CTLM), ESS Technology (ESST), Exar (EXAR), GSI Technology (GSIT), Integrated Silicon Solution (ISSI), Silicon Image (SIMG), Silicon Storage Technology (SSTI), Transmeta (TMTA), Trident Microsystems (TRID), FSI International (FSII).

Communications Equipment/Telecom: Ditech (DITC), Endwave (ENWV), Extreme Networks (EXTR), Sycamore (SCMR), Tollgrade (TLGD), Westell (WSTL), IDT (IDTC).

Internet: Infospace (INSP), LookSmart (LOOK), RealNetworks (RNWK).

Software: CallWave (CALL), OpenTV (OPTV) and Pervasive (PVSW).

Storage: Datalink (DTLK), Dot Hill (HILL).

Biotech/Healthcare: Maxygen (MAXY), PDI (PDII).

Digital Signage: Wireless Ronin (RNIN).