<<< Just curious, what's your "long term" horizon and realistic price target? >>>
Hi Ashikin
I am looking for INSGY to pay for my retirement. I am 44 and have no immediate plans to retire. I have held most of my stock since before the IPO. Most is in the money.
As for price target, it has been up to 22 on a reasonably normal valuation without all the internet mania, and before it had all its troubles. Emotionally I'd like to see it back there again.
Logically, if they execute even modestly well they could be there by this summer. All it would take is a couple of decent deals, or one big one. By next summer in the $40 range? Good management, maybe over careful with pr, but I'd rather have it that way than follow some of the examples out there. Top notch engineering - I have been in computing since before one could learn all about it in a few books, and the Insignia engineers are the best I have ever come across.
The need for embedded virtual machines is there, INSGY has one, all they need to do is get it in front of enough prospects and we'll be hanging on for dear life as the stock accellerates up, up and away
And I may change my mind about retiring early.
Z
PS - As you can see I am very positive. However do please do your own investigation before trading, and let us know what you find. |
