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Technology Stocks : Faroudja FDJA -- Ignore unavailable to you. Want to Upgrade?


To: Gerald Thomas who wrote (227)7/3/1999 6:55:00 PM
From: coopie  Read Replies (1) | Respond to of 249
 
Hi All, Perhaps now with the stock moving through $3 per share there will be some interest in this value play. With a market cap of approx. $30 million (probably the value of their patents alone) I would think mgt. would be a little concerned about being taken over at a discount. Small cap stocks have had a nice up move recently, and I would expect this company to participate in the near term.
They are certainly in a growth industry, with vast experience and a history of excellence. That is why I bought in recently in the mid $2 range. IMHO, their short term financial problems have provided a great entry opportunity. A leader in an industry that is about to pop, at half the IPO price...
My hope is to make enough money on this stock so that I can afford to buy a few of their home theater products. Good Luck.