LTRX $1.6..HUGE NEWS TODAY!!...IPHONE/IPAD/ANDROID ENABLING & COMMUNICATION PRODUCTS GOING GLOBAL WITH HUGE PUSH IN CHINA/ASIA...MULTIBAGGER
12-month target: $6++
LTRX has 60c/share cash & no debt.....7 M share float.....persistent insider buying....expected to grow double digits going forward with iPhone/iPdad/Android communicating and enabling products being marketed globally
The new management installed in 2012 is doing a superb job launching new products and executing on an aggressive growth plan.
The company made 4 significant announcements this week (highlights below).
=== Today (8/9/2013) News
Lantronix Brings Award-Winning xPrintServer to Macworld iWorld Asia 2013 as Official Mobile Print Sponsor.
…..”Lantronix will be showcasing the xPrintServer family of iPad and iPhone printing solutions during Macworld iWorld Asia 2013, to be held August 22-25, 2013 at the China National Convention Center in Beijing”
…”As a Gold Sponsor and official Mobile Print Sponsor of the event, Lantronix will provide live demonstrations of iPad and iPhone printing at four print stations throughout the event,”
"There is tremendous demand for Apple products and related accessories in our region, and we believe Macworld is an ideal venue to rapidly build brand awareness and encourage product trials."
…”The Macworld iWorld 2013 sponsorship complements the Company's strategic push in the Asia Pacific region, most recently marked by the opening of a new Shanghai office, as well as the availability of the xPrintServer family at leading China-based.”
8/8/2013 – Lantronix’ xPrintServer Product Family Available on JDcom, China's Largest B2C eCommerce Company
8/7/2013 - Lantronix Announces Global Availability of xPico(R) Wi-Fi(R)
....."…the product significantly speed the time to market for our new designs by being able to access and manage device data from iPhones and iPads, as well as Android devices, ..we are on the cutting edge......"
8/6/2013 - Lantronix Expands Company's Asia Pacific Presence With Opening of New Office in Shanghai
LTRX is foming a solid base in the $1.5 - $1.6 range. The company will release earni b gs a bit late but there is a reason for it. They will sponsor and participate at the 2013 Asia Macworld congress in China the week before earnings. I anticipate a big splash duribg and aftet Macworld.
LTRX has made four huge announcements last week about its aggressive move into China with iphone/ipad/android machine to machine interconnecting products and technologies por personsl and enterprise users. And the most unbelievable thing is that we can still buy a piece of this growing company for 95c/share excluding cash!!!