Hi TDM, I decided to pass on VSCP. Though I haven't really looked into it to deeply.
I'm thinking I should have bought more PLAB when it was down at $8.00. Looking at the historical P/E multiple over the years, during their profitable cycles the company trades in a P/E range of 15-29. I notice that analyst estimates are creeping up. If the company can manage to meet the FY '11 estimate of .72 EPS, that would place the trading range for this stock between $10.80 and $20.88. My original sell target was around $11.00, but now I'm thinking this could be a beast, so I'm raising my target to $13. It seems like a pretty safe buy here, as long as the market doesn't fall off the rails.