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Technology Stocks : ZORAN jpeg/dvd moguls -- Ignore unavailable to you. Want to Upgrade?


To: SIer formerly known as Joe B. who wrote (1114)1/14/1998 11:51:00 PM
From: Ariella  Read Replies (1) | Respond to of 1486
 
Joe -- was the MF "news" all that bad? It seemed positive in tone at the end. See below.

"The disappointingly slow rollout of DVDs and, more importantly, Zoran's ever-diminishing role relative to its more entrenched peers have hurt the compression company, but the wild stock price swings blur a company that is succeeding on other fronts. Zoran's digital audio signal processor is now in use in over 12,000 Dolby Digital movie theaters.

With earnings estimates shaved down to $0.76 per share for this year, the company trades at 17 times those depressed estimates. The cash-rich and debt-free balance sheet gives the company ample time to wait for bullish sentiment to return. The wild gyrations that have characterized the shares since their 1995 debut almost assure that the company will ebb and flow in and out of popularity. With the shares now in a cryonic state like Austin Powers himself, it could eventually lead to some pretty groovy happenings when things heat up again. Yeah baby, yeah."