According to analysts estimates ISSI will report losses through at least next year. http://finance.yahoo.com/q/ae?s=ISSI They just spent aprox $70 mil of their cash warchest on the 70% of ICSI they didn't already own. It amazes me how Jimmy can raise so much cash at cycle highs only to spend it all so fast during the lean times!
Yeah the negative signs sure do look negative. But I've seen strange things happen in the stock market. Quite a bit of short interest shown as of Jan 10, although that might have changed considerably since then.
Yahoo shows the book value above 7 now. Not too long ago it was below 7. Did the acquisition cause that change?