Waiting for WFC. If WFC is what I think it is, OVTI will lock down 40-50% of a $4billion market by the end of 2008. Ovti could be a $2 bllion company earning 30% net margins...That would be $12/share....What IS this thing rally worth?
well that would be about $250/share plus cash on balance sheet (more than today) minus debt (still zero). but it is a long ways off, wfc is still on the drawing boards. I'll be happy with continuing the growth rate of the past 12 months provided that we keep the high beta so we can punish stupid investors like stocky-boy.