ESST's stock seems quite undervalued at these levels. I am starting this thread so that a fresh discussion can be made about the company's PRODUCTS, PLANS, AND FUTURE. It is a volatile stock and has crushed some but also made riches for those who knew how to trade it.
However, now it is time to look long term for this is no longer an ASIC company.
The stock closed today up on a very bad day for the markets -- indeed a POSITIVE sign.
I am encouraged by the company's recent move into communications and their new found dominance in video. Of course, there is also audio, which the company tends to keep strong, but it seems like the company is diversifying into the CONSUMER market as shown by their product mix, and predicted revenue streams from each.
I am quite encouraged by this because then the company will not be subject to the CYCLICAL colds and flu's the PC industry experiences now and again.
All relevant comments are accepted.
Regards,
PrettyBoy-long at 14 1/2. |