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OmniVision Technologies, Inc. Message Board

  • cyclad cyclad Jun 7, 2004 4:19 AM Flag

    OVTI so many in denial on this board

    OVTI is down for a reason. They themselves have revealed in 2 separate tech conferences that thety are only projectiing 5-6% growth this qtr from last. There is no secret to why this stock is under pressure. It is trading exactly where it should be. There will be no premium for OVTI until they begin to seriously increase earnings and revenue growth.

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    • Perhaps; we will see on Wednesday. However, analysts are projecting 1.48 for next year, which equates to north of a 50% growth rate. With 50% growth, a conservative PEG gives OVTI a price of over 40. A PEG of 1 would give OVTI a price of 75 next year, but OVTI never seems to get a PEG of 1. With growth having to slow next year as they get larger, a PEG of 1 might be stretching it. OVTI will probably not be 75 until Christmas 2005!

      Forward guidance is going to be much more important than a 5% Q/Q growth rate. And let's see what kind of Y/Y growth rates OVTI has. I will bet it is a helluva lot better than 5%!

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