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The Company designs, develops and licenses chip interface technologies that are foundational to nearly all digital electronics products.
Why pay 20 times price/sales for a company that cant turn its sales into profit?
Note the latest earnings! Over a dollar in the quarter - appears to be high probability of same or better in next few quarters if legal issues play out as it appears that they will - Elimination of "spoilation" bologna by CAFC should open the door to over a billion dollars in payments (half of this is already bonded! - Hynix) Certification by ITC of infringment should open the door to another billion dollars or so of infringement payments for memory controllers. These will likely be structured as payment streams that will assure profitibablity for many years.Wild Bill
A business strategy based on suing instead of innovating will invariably be beat by the market. Underperdorm indefinitely!
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