Where is the growth?. CIBC downgraded this stock indicating there is no growth in MIPS technology. CEO buys two companies where there are lot of competition and the margins are not high.
Only thing in this stock short ratio is about 11%.
The management has not given a clear revenue estimate (IMO). Lets wait and see whether the revenue for this quarter includes agilent business also. If it is and the revenue is around $89 million, where is the growth???
There is growth in the sector. PMCS may be a little late to the party, but if they can keep up with the competition, there is growth. Having said that, 50% growth for PMCS over the next year will be difficult.