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A fabless semiconductor company that designs, develops and markets universally compatible, low-power semiconductor solutions for the multimedia consumer electronics market.
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bobbyabull (20.57) Submitted: 4/30/08 10:30 AM : Start Price: $17.10 SIMO Score: -50.12
I forgot to rate this one when I actually bought it at $13.50, but it's a very well managed small cap tech company worth $30 per share. Their is no good reason to short this stock and shorts will probably give up the ghost soon here. Current p/e of 8 is way too low; great margins and ROE; great balance sheet; fabless business model's a winner; recently beat the street. Stock buyback also in place - announced early in March.
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