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Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Willie263 who wrote (1524)	6/18/2005 9:48:49 AM
From: Elroy	Read Replies (1) \| Respond to of 2955

As far as I can tell, the huge short position isn't based on some fundamental view of OVTI's stock, its gotta be some kind of technical trading offset by options or something. Even ISSI which is operating at a loss and is in a worse industry area only has 15% of its float short. The average semi stock has 3% to 4% short. OVTI's 30% short is too much to be explained with the idea "a lot of shorts don't like the fundamentals".

To: Willie263 who wrote (1524)	6/18/2005 10:38:52 AM
From: tinkershaw	Read Replies (1) \| Respond to of 2955

OVTI is a well covered stock by analysts. Financial writers are very familiar with it as well. Perhaps they felt burned by it as it was one of many of the writers best ideas sort of stocks in 2003 and then it pummelled. Just trying to figure out how a stock, although still officially a small cap, but with so much coverage can get so cheap with the growth potential ahead of it? This has to be (disregarding the bottom of the bubble implosion) the "cheapest" leading technology company, in a rapidly growing market, that is actually profitable and churning off very material cash, that I have ever seen. It does indeed warrant investigation, indeed, meditate on it I shall. Tinker

To: Willie263 who wrote (1524)	6/18/2005 2:41:02 PM
From: Brian	Read Replies (1) \| Respond to of 2955

Two other very similar reports from CGI on OVTI are: dated May 11, 2005 completegrowth.com And from February 8, 2005 completegrowth.com These reports stress the growth of OVTI, which has been fantastic for the past few years. Unfortunately the last 4 quarters have seen sales stall at $100 million or less and net income stall at $21 million or less. Expected growth in sales for the next two quarters is also negligible. Thus the great growth in the sector is not expected to help OVTI. At least no analysts are expecting OVTI to break out of that sales range. Investors are also betting the same as we have had no run up in share price into earnings. A surprise increase in sales would be a problem shorts. I am not holding my breath for that but I am hoping for guidance for the next quarter to be higher and expect a corresponding jump in share price.