QuickLogic Corp (NASDAQ:QUIK)

CAPS Rating: 2 out of 5

The Company designs, markets and supports Customer Specific Standard Products, Embedded Standard Products, field programmable gate arrays, application solutions, associated design software and programming hardware.

Recs

3
Player Avatar TMFUltraLong (99.95) Submitted: 9/28/2010 1:40:28 AM : Underperform Start Price: $5.33 QUIK Score: +9.76

Caveat Emptor! Quicklogic is not what it appears and it has been years since it has been. I don't doubt their technology, its the lack of execution and consistency that constantly derails QUIK. They have been losing money since mid-decade and have rallied nearly 100% on what was practically a breakeven quarter. Revenues more than doubled over last year and they still barely made money on higher margins... thats truly scary. Over 8 times sales and 7.5 times book. To top this off when QUIK gets overbought it tends to pull back sharply within 2 months - I'm just playing the odds here. Probably worth more like $3.80-$4.10. UltraLong

Member Avatar JackCaps (24.98) Submitted: 10/1/2010 3:07:44 AM
Recs: 0

I agree. It looks like this stock's short term bull run has peaked after one recent quarter with a 20% revenue increase followed by some positive press coverage.

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