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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (74823)	1/7/2008 10:21:51 PM
From: Elroy	Respond to of 77400

They are a bit player in a big market. Lots of much bigger players. As far as I know they are #1 or #2 in the image sensor market. Their competition may be from bigger companies, but it's just from a small division of a bigger company (like Micron). OVTI's market share in image sensors is, I believe, #1 as measure by either units or revenues. Given that, are you sure they should be called a "bit player"? A better description of them is probably one of the leaders in a big and growing market. That sounds good from an investment perspective, not bad. Wouldn't touch them. At any price? They have $5.15 per share net cash and are profitable, so you wouldn't buy their stock at $4 if you had the chance? Tell the truth..... Their forward PE ex-cash at the moment is 4.3x. I doubt you can find another profitable tech stock at 8.6x. At some point you've gotta look a risk reward of owning the shares and say the reward outweighs the risk. Or not, if you don't want to!