GSI Technology, Inc. (NASDAQ:GSIT)

CAPS Rating: 1 out of 5

The Company is a fabless semiconductor company that designs, develops and markets SRAMs for the networking and telecommunications markets, such as routers, wide area network infrastructure equipment, wireless base stations and network access equipment.

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Member Avatar pchop12316 (86.75) Submitted: 8/20/2014 10:24:07 AM : Underperform Start Price: $5.32 GSIT Score: -0.94

short pick here only due to circumstances

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Member Avatar TSIF (99.96) Submitted: 8/19/2014 11:38:04 AM : Underperform Start Price: $5.75 GSIT Score: +6.93

Not a good play overall. I was playing the dutch auction, share buyback that was over subscribed by 3X, meaning those not chosen to sell their shares at $6.50 would probably sell into strength. Company has not made a profit in three years, flat revenues, sitting on cash with no idea how to use it to improve the company....but I missed the part about little bitty GigOptix, Inc. (GIG) offering to buy up GSI at the same $6.50 dutch offer price. Share price hanging a buck below that means that shareholders either haven't reconciled the dual news, or that no one believes the deal will close. GIG is much smaller, would have to borrow, and would absolutely cut the heck out of any overlap in the two as GiG is not profitable either.

Two negatives MAY make a positive in the long run, but deal would only be appealing to GSIT management if they want to retire.

Hard to say where this will settle. If deal is real, I'm burnt at a $5.75 entry...if deal blows, this will fade back down.

Buying back shares is only a plus if you have a positive EPS. It lowers the P/E and attracts share buyers. With a negative P/E, then it doesn't do anything to your metrics.

One week play here, not going to arbitrage the $1 delta if the market thinks it's a dude offer. Both are low float, so hard to say where this will settle.

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Member Avatar jackofficer (< 20) Submitted: 9/12/2011 1:16:12 PM : Outperform Start Price: $4.82 GSIT Score: -61.73

Semi's beaten up, September is tech friendly

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Member Avatar jimbendt (29.75) Submitted: 5/12/2011 3:23:11 PM : Outperform Start Price: $7.01 GSIT Score: -70.62

Nice earnings projection for 2013

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Member Avatar 4thsuper (64.58) Submitted: 10/29/2010 4:13:57 PM : Outperform Start Price: $6.71 GSIT Score: -87.91

Earnings up 100% over last year's quarter. Sales up 82% over last year's quarter. Beat earnings estimates by 50%. Only 27 million shares. Worth $10.50. Trading at a 71% discount. A strong buy!

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Member Avatar Tophinater (< 20) Submitted: 7/24/2007 8:27:37 PM : Underperform Start Price: $4.75 GSIT Score: +24.48

Their website really is crap.

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Member Avatar Stocks1843 (59.06) Submitted: 7/11/2007 9:26:04 AM : Outperform Start Price: $4.52 GSIT Score: -19.87

GSIT is valued fairly, with a forward PEG of around 1. Not much margin of safety but if I don't rate it now I'll forget later.

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Member Avatar johne1967 (< 20) Submitted: 6/4/2007 6:56:39 PM : Outperform Start Price: $4.35 GSIT Score: -13.12

I have taken a small position. Sounds like the Cisco shortfall will soon run its course. Glancing over the earnings report, my top concern is the inventory($28M) which is close to 6 months worth of sales. Maybe there is an explanation for it, but from afar this number looks dangerous. The conference call was very positive 2nd half of the year.

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