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Technology Stocks : Hauppauge Digital, Inc. (HAUP)
HAUP 0.0139+13.5%Oct 21 2:34 PM EST

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To: ChrisJP who started this subject3/23/2004 3:24:53 PM
From: RKHIII  Read Replies (2) of 385
 
On Briefing.com!

New High Profile -- Hauppauge Digtl (5.99 +0.59)

Hauppauge Digital is up 12% today, near a new 52-wk high, on 4x average volume despite no news. The co makes analog and digital TV receivers that allow PC users to watch television on their PC screen in a resizable window. Its products also enable the recording of TV shows to a hard disk, digital video editing, video conferencing etc. The stock has been moving since the co's announcement last week that it and DivXNetworks signed a technology licensing and development agreement to include DivX video technology in Hauppauge's line of WinTV receivers and recorders. It's important because DivX is among the world's most popular video technologies with over 120 mln global users.... The co is profitable, albeit not by much. However, the stock trades at only 1x sales, has $5.2 mln in cash and zero long term debt. Mkt Cap $53 mln, float 7.8 mln, avg volume 79K.
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