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OmniVision Technologies, Inc. Message Board

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  • JesseJackster JesseJackster Jan 14, 2005 7:49 PM Flag

    SHORTS!!! $17.01 in AH trading!

    I'm anticipating they'll beat expectations as usual.

    How much, I don't know, but didn't they say a few weeks ago that they had 80% of their quarter already in the bag?

    The key near term catalyst that will burn shorts is the resolution of the SEC inquiry which should happen soon.

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    • I wasn't aware of that, however if they had 80% in the bag with one month to go, that would be 72,000,000 in revenues (90,000,000 x 80%) or 36,000,000 a month or 72 + 36 = 108,000,000. Mind you this is based on taking 80% of the lowest range of 90 mil, not the high range of 100 mil.

      ps where did you hear that?

      • 1 Reply to macedon7
      • ps where did you hear that?

        Someone posted it here a few days ago (which isn't always a guarantee of credibility) that's why I asked if others had heard that.

        I believe it was one of the credible posters here who said that management stated it in their Dec 1 Conference call. One could listen to the replay to confirm. I may do that if I have time.

 
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