Vicor Corp (VICR)

jsthwrth (25.59) Submitted: 6/26/08 10:29 AM : Start Price: $9.86 VICR Score: 13.63

This is probably not a good sign (from recent 8-K):


"As of December 31, 2007, the Company's accounting department did not have sufficient experienced personnel and resources with the requisite technical skills to address complex and judgmental accounting, tax and financial reporting matters as part of its financial statement close process As a result, the Company's financial statement close process was not effective as of December 31, 2007 as it relates to evaluating and accounting for complex and judgmental accounting, tax and financial reporting matters, including accounting for the Company's related-party investment in Great Wall Semiconductor Corporation, accounting for income taxes, accounting for complex revenue transactions and accounting for judgmental accrued liabilities."


Also, I see their forward PE at around 60...way too high for an electronics business.

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