Yahoo! is such a joke. They are mixing RMB and USD numbers without conversions and coming up with the most ridiculous PE numbers and targets and estimates imaginable. It's a total waste of time to use their figures. The data is wrong for TRMB, too. Go look. All over Yahoo! they report incorrect numbers. When will they ever get their act together?
Glad I bought more yesterday. It kept going down after I did, but it was fun seeing it correct itself today while holding more shares. I'm sorta thinking we won't see a dip like that for awhile. $14 sounds good. $16 for the target may be revised up some.
I didn't double down, but damned near it today. I'm still in positive territory with my previous shares even with the dip. Just not near as pretty as yesterday. I hope the reaction is good tomorrow, but I'm here for the long term, regardless. I think your analysis that they can be a strong company without LTE is spot on. With a new LTE win, they will hit it out of the yard.