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This company is in electronic imageing. they make cameras that can pick out flaws in goods on a production line moving at eleven hundred feet per minute. They seem to be debt free,spend heavily on r&d have had rapid growth and are profitable. They recently built a new plant and have lots of capacity. Recently they had a slow quarter due to lower sales in asia, but were still profitable. It has a PE of about 16 which probably has taken into consideration the near term stalled growth. I bought this stock recently for long term growth. My price target is ten times purchase price in 10 years.(purchased at $10.00.)I do not worry much about price fluctuations but will be watching the fundamentals. If you would like to check out this company teir web site is www.dalsa.com. Is there any interest? |