Needham & Company analyst Rajvindra Gill.
We think that, given ongoing consolidation in the sector, ATML, among others (e.g., CODE, SIMG, OVTI, ISSI, ENTR, SIMO) could represent a compelling and relatively inexpensive acquisition (trading at 11x P/E ex-cash, 2x EV/sales on 2015 estimates).
Click on summary above, then click on Key Statistics. Then scroll down to the bottom of the table:
Total Cash Per Share (mrq): 4.88
Since it will come to encompass a layer of devices and apps across industries, it will account for an increasingly huge number of connections, 1.9 billion devices today, and 9 billion by 2018, according to BII estimates.
Read more: http://www.businessinsider.com/enterprise-growth-in-the-internet-of-things-market-2014-8#ixzz39g1aini4
China’s government excluded Apple Inc. iPads and MacBook laptops from the list of products that can be bought with public money because of security concerns, according to government officials familiar with the matter.
Just games today. Catching stop losses, and preying on fear. This is too good of a story for the institutions to pass up. Wait until the LTE growth kicks in, and then watch the fireworks (they are sandbagging the LTE story). I've been in SIMO since the $3's, and it's nice to see everything come together - FINALLY!
.30 - .45 cents is often the bid/ask range. Good luck trying to trade that!