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Non-Tech : Under $1.00 stocks
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To: jmhollen who started this subject1/2/2001 10:00:07 AM
From: NAG1  Read Replies (1) of 206
 
Take a look at a stock called simtek, symbol is sram. It is a fabless semiconductor company. Revenues up already about 60-70% this year and this should hold up for the fourth quarter as well. They will have about 2 cents plus per share of earnings after taking out extraordinary charges if they stay profitable in the fourth quarter. Projections are for about 50% growth next year and if a bluetooth product they are being real careful about comes to fruition by the end of the year, the following years growth should be even higher. Simtek traded most of the year over a dollar but I think got hit with tax loss selling and and the general pessimism about semiconductor industry. It is trading right now in the 30 cent range. These stocks are always risky(and you shouldn't invest anything that you can't afford to lose) but this is a penny stock that has been a reporting company for its lifetime, has growing revenues and has been profitable for most of the past several years. Its market cap has been around 15 to 20 million and it has 3 million in cash in the bank. Take a look for yourself, analyze the info on the companies website(www.simtek.com) and post your opinion here or on the si sram investor board. Good luck everybody and have a great new year.

Neal
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