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Tessera Technologies Inc. Message Board

  • sragonese sragonese Aug 25, 2013 11:12 AM Flag

    Insider Buying plus 2014 estimates


    Real good jump in estimates: 2013's "minus .59 cents & 179mil in revs", compared to 2014's "$1.62 & $321mil". That's a sweet jump and the board seems comfortable with it considering all the insider buying unless there's something else cooking. They've been burning some cash but with close to 400mil in cash and no debt, looks like management did a decent job of surviving the bleak times since they traded in the 40's range. The chart looks like it'll find a bottom soon creating a sideways trend till the expectations come out next year, and it'll be nice to see the price share drop down closer to it's enterprise value before next year's estimates start rolling in too. Insider Buying plus 2014's estimates plus no debt and a lot of cash makes this look real good for 2014. Only question: can their product line justify it's 2014 numbers? Any thoughts?

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38.13+0.32(+0.85%)Sep 28 4:00 PMEDT