This is just being dumped, and is completely over sold. They have some great products just coming to market.
The amount of cash they have is plenty to fund development for several years and restructure if necessary. I love the technology, which can be utilized outside of the chip making business.
I agree. Margins expanding, focused development, and big opportunities in the future. This is a long term hold with the opportunity to add on weakness.
Going concern should not be an issue for a while. They have the WC you defined and some businesses and patents that could be sold if needed. If the institutions think there is a close going concern issue, this could have caused the "sell at any price". I think this is an opportunity for us. One big customer win could change the outlook a lot.
Could IDSY sell only the TAMs division, raise cash thru that to focus the business just on the remainder, or is everything too integrated?
There seems to be a new strategy each quarter. This time it is changing the sales force.
I own this for the rental car opportunity. They are dangling that out there again......IMHO, fat chance!
Just cross referencing. I got this lead from a person in CT. Wanted to know if there was following in other parts of the country. I bought some today below $6, so I think it can be a winner.....or maybe I am crazy!
The big laser companies could be looking at this. I wonder if CYNO could afford them? It would be a great fit, and take out a competitor that has a huge lead.
Correction, the Goldman upgrade was probably done so it would be before they present 6/9 at the GS conference. The Jefferies one was yesterday.