We also are now funding our next generation FRC product called the FRCV, which will provide a single cheap support for 240 hertz, 3D, and 2 to 3D conversion. Customers worldwide are evaluating the product, which we anticipate will represent a significant portion of our FRC revenue in 2011. Go read the transcript. 3d is mentioned about 10 times.
Well, that's not the point. Trident has been a speculative turnaround play for a long time, which is why the share price has remained low. The recent results and guidance suddenly make it less speculative than it was before. For a long time, management has been forecasting non-GAAP operating breakeven in Q4 of 2010. The stock market has been skeptical about this. Now, suddenly, it looks like the company will indeed achieve this goal. That's why the price jumped.
Penalta, Good to see u here. I did not have enough free cash to buy more when it dropped to $1.3 - $1.4 range. Currently holding 23K shares at avg price $1.6 (I bought them a month ago). I am holding them until the end of the year and may add more when the price drops below $1.7. If management were not involved in fraud, it would be $3 by now. I will get a chance to buy more when more litigation news comes out.