Synaptics, Inc. (SYNA)

Touchpads, touchpads, touchpads!

leader in touch screens for mobile devices of all kinds. Hammered unjustly for a good quarter. Short interest of 40 plus percent puts a strong floor under this winner

Good ratios

Cyclical...SYNA is and has been traded on technical momentum, which means that it has met strong resistance at this levels and it is headed back to $21.89.

you can feel the profits

Yes!

CAPS ALL STAR

Great products. They make touch screens and other touch oriented peripherals for computers and smartphones. They are the leader in this business and I firmly expect that almost everything is going to have some sort of LCD touch screen in the future.

low relative PE, good star & 2010 earnigs. Bottom fishing. 10/19

This account tracks the fast-growing shakers and movers and some of the riskier stocks on my watch list.

If this gets to $20.00 I'm buying it in real life.

back out the cash and you get a P/E of < 10 for this year's estimated earnings (2 bucks.) Also one of the most shorted stocks .. 50% of float is shorted!! Yes, they guided lower, but this is an overreaction to the downside.

Strong demand, good track record, drop doesn't seem justified.

The rebound is imminent.

extremely impresive financials
http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=SYNA

netbook, smartphone will drive the revenue growth.
solid financial status
beaten down by short, temp issue

Healthy company with a good business. The hit the stock price took for reduced guidance (despite a positive earnings surprise) was not fully justified. 10 positive earnings surprises in the last 12 quarters indicates management guidance tends to be conservative.

Everything new has a touchscreen...it's annoying, actually.

Synaptics has been in a five year cylce of pops and steep drops after revenue announcements. Their trading range is nearly 100%. Currently they are near the middle of their trading range. Their last drop was after announcing quarterly earnings and forcasting a slightly lower Q4. When will companies like this learn NOT to forcast? Mr. Market swings these companies vicously. Overall Synaptics has had consistant increasing revenue. While use of their touch screens may be reduced in personal computer sales, thier sales in cell phones is up. The pricing pressures have margins down slightly but are still robust and volume is up. Profit margins 11%, ROA of 12%, NO Debt, and cash in the bank. I believe Synaptics will SNAP back up to the top of their trading range and start to settle in. A buyout/merger is also a realistic possibility.