I don't think you can get tech at value prices UNLESS the company has lost market position.
Of course you can. I gave you two examples, SIMO and GRVY. Both are tech companies which do very well, and historically have had very low valuations.
SIMO gets the low valuation because it is focused on mature spaces (PC and cell phones). But....it dominates it's space (flash controllers) and flash controllers are necessary in PCs and cell phones. So it's not going away, and it's historically very cheap. That's a blue chip tech company with a very low valuation.
When you mention the concern about SIMO, I guess you mean China messing up everything in Taiwan. If you are concerned about that, you probably shouldn't be invested in any tech device company, because TSMC is in Taiwan, and they're a hell of a lot more important than little SIMO.
As for GRVY, you're looking at charts? You're asking for events which explain trading? Nope, GRVY defies that analysis. The stock price MAKE NO SENSE, end of story, so what are you trying to figure out? It's irrationally cheap, so ..... that's all there is to it unless someone can explain. |
