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you're looking at trailing 12 months. you need to look at the forward p/e.
yes..looking at 2013 expected EPS .... even if they do better than expected $0.75 .... still too high PE and the risk of competition increases, STM and others. $15 is the max I would pay for it.
Would have to agree. Like the motion sensor space, and INVN prospects, but it's expensive up at these levels.If INVN were to replace STM in a certain future smartphone or tablet, that would change everything. But until then.