I have a hard time understanding the appeal of watching video on your phone. There's that TV ad lately where these guys sit around a park watching TV on a smartphone. One guy questions whether it's the same as watching at home and they give the guy a miniature beer, and then a guy takes out some miniature nachos he roasted.
I can't even remember who puts out the ad, I believe it's a cell phone provider touting that you can stream unlimited data with their service.
What's weird is that their ad comes across as a self-parody.
But, anyway, the bottom line is that where there's a market, even if it is a market of nitwits, then someone ought to be able to make money providing product to that market.
Noticed OCLR down on lousy quarter. Looks to me like that company does not have critical mass and is destined to undergo a death spiral.
Do INFN products compete with any of the OCLR offerings? If so, it would seem perhaps INFN could gain some market share off its dying carcass.
Everyone knows about silvermont. I don't see a spike coming. However, I do see the stock doing well in the long term.
That would be nice. I'd buy some shares on sale then. I would much rather they go on sale for 20-30%, however.
I guess the analysts just figure, whatever. ACLS will either succeed in the market place, in which case the stock will skyrocket, or it will falter and wind up having to sell the business on the cheap or something along those lines.
In the meantime, we are in a holding pattern. I guess the analysts figured there's not much more to be said. The jury is out and all we can do is wait until it comes in and pronounces its verdict.
The stock is so cheap it is still tempting to get back in, though. Every company has some weak aspects. This company's main weakness appears to be the greed of its mgt. If it weren't for the skeletons in the closet (or in this case, out in the open), you probably would never find bargain priced stocks.
Since the first post I see upon revisiting the LTXC message board after some time has the word "looter" I assume that these guys still pay themselves salaries that are way out of line.
Would be interested in facts and figures regarding assertion that mgt is self-serving. There was one tech (LTXC) that seemed like a good value that I dumped because of a widespread belief that the mgt paid themselves way too much than justified. The numbers appears to provide strong evidence to support that.
Clearly it would require a large premium. When a stock is way undervalued, it's a good buy to an acquiring company at a much higher price.
As cheap as this stock is now and with their strong balance sheet, it would seem they are a prime candidate for a buyout. I don't know what company would be a suitable acquirer though.
Also, for some reason tech companies tend to be momentum investors rather than value investors. They like to make acquisitions when they have to pay an arm and a leg during a market bubble.
It seems to me probably one of the weaker points of ENTR would be that it is medium sized and sells chips designed for limited niches. There is a certain appeal to buying tech products from companies that are in a broader spectrum of markets. For example that's one reason I own Cisco stock.
Sometimes a tech company with a good product line may benefit from the clout of being a subsidiary of a company that is more of a household name.
Not sure how much this is germane to ENTR but based on my admittedly very limited knowledge of this business it seems like it may play a role.
Having Trident's SoC product line ought to help in that regard.
If they had been more gutsy they would have taken the standard downgrade:
We are downgrading our recommendation from buy high to sell low.
With the drop in the stock price I believe the enterprise value is more like 140-150 million.
Incredibly cheap. This company will have to fall totally flat on its face for the stock to not prove to be a good buy at the current price.