China Digital TV (STV)

MGen (< 20) Submitted: 4/29/08 4:46 AM : Start Price: $16.75 STV Score: -34.36

China Digital TV has consistently beaten earnings expectations on each earnings report since the IPO last year, yet despite this STV has seen an overall declining stock price during the same time through a combination of the overall declining stock market which started just after STV's IPO, plus a popular misconception that STV is a "cable company stock" which should carry a low P/E. China Digital TV's primary product is a high-tech conditional access smartcard (similar to standard computer cards) which recently has even been upgraded by the use of Intel card processors throught China Digital's recent strategic cooperation with the Intel corporation. Another new market China Digital is expanding into is a PC card which makes PC's capable of receiving and displaying premium HDTV. China Digital has several other markets it is expanding into; all of which are based on high tech cards and devices. China Digital is a Tech sector company, not a Cable TV Station provider like so many investors who don't do research seem to think. China Digital is well-positioned to be a high growth company for at least the next several years just on their primary market of high tech conditional-access smartcards incorporating Intel processors, not to mention the several other new markets China Digital is expanding into.

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