Major Catalyst - The Release of RealPlayer Cloud I think the stock has nearly 40% upside near term as its new products start to gain steam in the market and the company is again discovered by Wall Street. The market has not yet caught on, and the stock is trading below tangible book value and near the value of its liquid assets, as it is priced at only about 120% of net cash. So with that said, who would want anything to do with the company today? Well fast forward to 2013, and RealNetworks is now releasing several new products which could prove as strong catalysts for its business going forward. Tech analysts such as PC World in 2006 rated the 1999 version of RealPlayer the #2 worst tech product of all-time, for its ' aggressive installations, uninvited popups, and insidious registry rewrites'. Not helping was the persistent adware claims and other annoyances with the software. At its peak, RealPlayer had nearly 85% market share for streaming content, but this quickly fell when Adobe ( ADBE) Flash, Microsoft ( MSFT) Windows Media Player and a host of others flooded the market with free offerings.

This software dominated the streaming audio and video markets up until about 2000. Those of you who spent a lot of time online in the mid to late 90s probably remember well RealAudio and later RealPlayer. Back in April I published an article on long forgotten RealNetworks ( NASDAQ: RNWK), a dinosaur of the early internet days.

Realplayer plus 15 free