Pixelworks, Inc. (NASDAQ:PXLW)
The Company is an innovative designer, developer and marketer of semiconductors and software that specializes in video and pixel processing for the advanced display industry.
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This company's fundamentals don't look good to me. Their earnings have fallen year after year, with continued dissipation of cash. They have sold out short term positions to cover losses in 2009, and the trend for 2010 is spotty at best. While they appear to be trying to pay down their debt, there's got to be better investments in the short-term while this iffy company gets its financial house back in order.
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I am going to try it because of all the insiders. They must be close to a big deal.
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this stock really sucks....
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Lack of new products, competition more advanced. Management has no focus. Poor aquisition of Equator ruined company.
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Mkt cap / net tangible assets = 47%
Current ratio = 4.4 with low/moderate LT debt
Mkt cap / sales = 76%
Recs
Poor execution, lack of new products, management has no focus
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