nice to see the flatscreen I bought 6 mos ago , selling for 45% less than what i payed for it ...
chit !.... I REALLY hate that , lol! (time for bunny to get an extra one now , even scotch girls can afford them , hehe)
PXLW trying to run up again, we know what GNSS has done , if there was ever an app who's time has come it's been the flat screen . stockcharts.com[h,a]daclyimy[pc5!c20!c30!c50!c100!c200!h.02,.20!f][vc60][iut!Lh5,5!La12,26,9!Lg!Li13,5]
but the valuations are still pretty insane , and upgrades are still coming in from Cowen seeing increased shipments 40% Qtr to Qtr....6+mil from 4.9mil or so, but noted both GNSS and PXLW had guided for flat sequential results.
Oct 16th : Pixelworks (PXLW) 14.13 +0.40: Posts Q3 net of $0.09 a share, $0.01 better than consensus, vs yr-ago EPS of $0.06. Rev rose 58% to $24.1 mln (mean $25.3 mln). Company lowers Q4 rev guidance to approx $24 mln (mean $28.1 mln); see press release.
PXLW sportin' a PE around 60 and market cap of $650mil and GNSS PE of about 350 and Cap of $1Bil <G>
GNSS stockcharts.com[h,a]daclyimy[pc5!c20!c30!c50!c100!c200!h.02,.20!f][vc60][iut!Lh5,5!La12,26,9!Lg!Li13,5]
GNSS i believe has a patent infringement suit ongoing with SIMG which they vigorously denied any negative outcome in settlements, but SIMG remaining "hopeful" that it will receive a preliminary injunction in mid- to early-2002. There were rumors/report of insider selling in october.
All in all, GNSS still highly overvalued here at these levels BWDIK.
;-) |