Anybody:
Does anybody still own/follow ISD? Since August, I can't find ANY
good news about this company. Third quarter results were terrible,
with a loss of $5.7 million, or 59 cents a share. Revenues were
$8.2 million, compared to $15.5 million in the third quarter of 1995,
due to weak demand of Chipcorder, the writeoff of some inventories,
and the stretchout of an order by a major customer.
However, I believe small chip companies may be due for a rise. And
ISD's downside is extremely limited, IMO, because it is trading near
its cash and investments per share, and it's actually below its book
value.
I think ISD has great potential--is there a chance it can regain
momentum, or is it a dead fish? |
