Answers from the recent Q&A.
The call was about OK help us understand that more significant ASP downward changes are coming this year. That was on the mind of the analysis. I will let each of you make your own decision. I made mine.
Second, OK what could change in the near future that will change revenue was asked a lot next.
Again, I will let each of you make your own decisions.
What I think are important questions is first this. Given that revenues turn up at least slightly again this year, is the stock price undervalued?
Is the stock range bound for a while? I think that is the second most important question.
Is the market heading south in a major way over the next few months? My belief is yes and so far Cirrus is just following the market.
I think it is important to note that Cirrus will generate 2.5 and to 3.5 dollars in cash this coming year.
I think the really important question is whether SAM is in play and I do not get the feeling right now that they are. Why? Jason talks a lot about 3-5 customers and does not give much comment to adding the largest of the customers. I don't know. I have to admit this strange as one of Cirrus's main targets is the largest of the customers in the field. SAM certainly falls into that category.