PLX Technology, Inc. (NASDAQ:PLXT)
The Company develops and supplies semiconductor devices that accelerate and manage the transfer of data in microprocessor-based systems.
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semiequip2011
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$10 by end of december 2011
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somebody's going to notice how much cash they're sitting on.
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multiple bullish technical signals 91.7 (contrary)
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Very volatile stock. Followed for a number of years usually trades in a range between 8-15. Fluctuation has slowed until recently. Pickup in revenue and profit have recently given positive EPS to the company. They deal in PCI-E, the direction computers have been migrating. If someone upgrades in the next year it will likely be to PCI-E or they will be severely behind the time. Revenues should continue to increase.
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