Fallen AngelsFallen Angel: Tucows Inc.The recent sharp turbulence in the stock market, due to the mortgage crisis, has unfairly punished many non-financial microcaps. Tech play Tucows Inc. (AMEX:TCX) is one such example. Fallen Angel: Sparton Corp.Recent pressure from an experienced activist investor may kick shares of underperforming Sparton Corp. (NYSE:SPA) into gear. Fallen Angel: Travelzoo Inc.Ralph Bartel, the founder and CEO of Travelzoo Inc. (Nasdaq:TZOO), has been buying up shares of the small-cap online travel publisher hand-over-fist. Time to take a closer look. Harris Interactive a reliable cash flow generatorBillionaire investor Vincent Bollore’s continued interest in microcap play Harris Interactive Inc. (Nasdaq:HPOL) deserves a closer look. Cash-rich Westell Technologies worth a lookFor those of you who enjoy bottom-feeding in cash-rich, neglected microcaps, telecommunications equipment company Westell looks like a turnaround worth picking at below $0.75 a share. Value Find: Crown Crafts Inc.With a push from its largest shareholder, little-followed microcap play Crown Crafts Inc. (Nasdaq:CRWS) could be poised to finally unlock shareholder value in the coming quarters. Value Find: Patrick IndustriesSizeable insider buying by a smart money hedge fund and a beaten-down stock price make Patrick Industries, Inc. (Nasdaq:PATK) a small-cap play worth putting on the radar.
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