QLGC: I have little understanding of this company's business - its market, its customers. (http://www.qlogic.com/Pages/default.aspx)
The company, once popular on SI (measured by number of posts), apparently is well off the radar now. As I view just QLGC's stock price vs. its financial performance though, the stock seems undervalued to me. I'm in for a few shares this week.
Company has been profitable every year past ten. No ltd; $5.27 in cash (per Yahoo) with stock now at $12.17. Roe has been above 10%. Very good profit margins, historically.
Otoh, not a good quarter: rev's down; also margins. Does the quarter presage further trouble, or can company (and stock) come back? And turn it around within a reasonable time frame? Imo, it's not possible for me to have any confident opinion without having knowledge of the company, its markets, its strategy/tactics. So for me, although stock seems to fit what I am looking for, I'll only risk a very small dollar amount.
finance.yahoo.com
finance.yahoo.com |
