I know a few officers in San Francisco. They are part of a pilot program requiring them to wear body cameras. They're not thrilled about it -- not that it's incriminating, but because the time to prepare reports goes up when you have to cross-reference and harmonize with recorded media. Just means more time at the desk than doing their jobs. But, I think you're right. It's the future.
I recently scrolled through charts on many of my small cap holdings and about a dozen others that I do not hold, but track, and a large majority have a substantially similar pattern: a peak in about March 2014, and a steady decline of up to 30% or more in value since that time. There are of course a few exceptions, but most follow that pattern. These declines have come despite improving fundamentals in a number of the stocks I follow.
This tells me that there has been a broad abandonment of small caps in the midst of record breaking highs in the S&P and Dow. What concerns me is what happens when the air comes out of this market balloon? If my premise is right, how badly will small caps be hit? Will they be spared because they are down so low? There's a real divergence with small caps right now and I'm trying to assess how that should be viewed. Thoughts?
Interesting. InFocus is a pretty well established manufacturer that started with business quality projectors, and has diversified from there. Was not aware they manufacture phones, but apparently they got into the business in 2013. Hope this isn't a big ramp for a limited product run. This certainly will not be a Samsung, Apple, HTC, LG magnitude contract...but it's a start.
Can HTCH stanch the financially bleeding before it runs out of liquidity? I'm sure investing in the OIS business was an opportunity that could not be passed, but with long term debt payments of near $4MM quarterly, RD at $4MM and SGA at $6MM, it seems we have a large gap to bridge before we stop the negative outflows. I'm not sure we have the luxury of a long ramp.
Which $4MM figure, RD or interest payments.? Looking back at RD for the past couple years, it's basically cycled above and below $4MM every quarter. I think they need to spend to remain competitive. Interest can go down only so long as long term debt is paid down, but I'm not aware of any material change there.
Too late for that IMO...market is saturated with BT options now. A year ago maybe, but trying to catch up to Fugoo, or UE Boom, or Braven or the dozen other that have come to market in the past 24 mos. will be an insurmountable hurdle, let alone trying to make a dent in the Jam/Beat/JBL juggernauts that dominate the space.
You want to revert back to other arguments...I'm well capable of reading the financials and understanding the mess the last quarter created. I'm just trying to understand why, given the last quarter and deteriorating financial condition, Board members are making open market buys. There are lots of things they could be doing...but they're making open market buys. Why?
Is that true, however? Look at First Solar and Sunpower and tell me that CSIQ is mispriced compared to them. I'll give you that the pricing of these companies is a bit bizarre. Perhaps greater knowledge of their business models would shed some light on the differences, but the disparate treatment by the market it a bit baffling.
It's very informative...Cambridge's name is everywhere, but it suggests a long term partnership which is good. It does make the case for SMA OIS accelerating the adoption of OIS in phones and the value of the product. That video, in particular, is impressive.
OIS is Optical Image Stabilization...layman's term means it steadies the lens so that it reduces shake on videos and the blur on pictures. The Iphone 6 plus has it, but existing technology is (1) pretty expensive, (2) fairly complex, and (3) not sufficiently miniaturized to use it in all handsets due to form factor.
HTCH's new shape memory alloy OIS device is thinner, cheaper to make and fairly simple. It is simple enough that all phones should soon adopt the technology. If Ifon wants to make inroads into the US market, it should be an early adopter...go to HTCH's website and check out the video. Pretty impressive. I understand it costs HTCH about $2.50 to make the device.