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Trident Microsystems, Inc. Message Board

  • liketrid liketrid Jul 13, 2011 7:40 PM Flag

    TRID @ $2 to $3 is in the cards

    I agree with the following about TRIDENT:

    1)No debt. No interest.

    2)More than 2000 patents and increasing.

    3)Opportunity to increase sales dramatically in CHINA. Population more than 1.3 billion.

    4)Increased sales in JAPAN. New contract was added last quarter.

    5)Cutting edge technology with new markets in China, Japan, India, Germany, Middle East, and Korea.

    6) Cost cutting are underway to make TRIDENT EBITDA positive between June and December 2011.

    7) Expected to be cash flow positive and profitable due to increased sales and growth in 2012.

    8) Bank of America signed a new credit facility with TRIDENT worth $40 million. This is a vote of confidence from Bank of America.

    9) Dr. Bami the new CEO is committed to turn the company around and make it profitable.

    10) TRIDENT is in the hot TV chipset sector where internet connectivity is on the rise with Android OS becoming dominant and implemented in TVs.