The Company is a fabless semiconductor company that designs, develops and markets SRAMs for the networking and telecommunications markets, such as routers, wide area network infrastructure equipment, wireless base stations and network access equipment.
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I have taken a small position. Sounds like the Cisco shortfall will soon run its course. Glancing over the earnings report, my top concern is the inventory($28M) which is close to 6 months worth of sales. Maybe there is an explanation for it, but from afar this number looks dangerous. The conference call was very positive 2nd half of the year.