Ahahaha, geez, I agree with everyone in here. No conflict,no argument from me on STII. It is just an interesting company,with some great technology.
But I do disagree with HLIT(my largest holding). I do see an investment grade here,and see true value right now. In fact I think it may be a steal here,and a clear double and possibly a triple. They have always been profitable,maintained excellent margins,expanded rapidly while keeping a lid on expenses. They were in transition last quarter to new products being released this quarter,and still their revenues were maintained. It has been a trading vehicle you are correct,but people misconstrue why it was. Venture capitalists bailed out totally in the first quarter(Essex,I believe),TCI news hammered them more than once(even though TCI has not been a customer for over a year now). The stock has been beleagered,but not the company. Next time up they may not be coming back down,but then again the beta on techs is extreme.
Hiram |
