Microtune, Inc. (NASDAQ:TUNE)

Its beeen as high as 7 bucks Yeah hear that tune?Chaching

I picked this a long time ago, just before the crash. I'm adding my pitch over a year later. This company suffers from a lack of sales, but otherwise they're in a rock solid cash position with seemingly no debt. I'm stuck with my pick, and just have to hope that their RFIC sales pick up some time soon.

this is good

Business is picking up

will go to $6 a share soon

EGDE:5.86, THM(6): 8.00

Swallow hard and ignore the trailing P/E. This company has just become profitable, and its fundamentals are otherwise solid. Would be nice to see improvent in the Net Margins, but Cash Position is good... No Debt! and not highly delutive. Strong top line growth as well.

TUNE's Gross Margin is more than 72% of other companies in the Semiconductors industry, which means it has more cash to spend on business operations as compared to its peers. The Company's tuner, amplifier and upconverter products permit the delivery, reception and exchange of broadband video, audio and data using terrestrial (off-air) and/or cable communications systems. Microtune's products enable various consumer electronics, broadband communications and automotive electronics applications or devices, including cable television set-top boxes; high-speed voice and data cable modems; car audio, video and antenna amplifier systems; digital/analog televisions, including high-definition televisions; personal computer television multimedia products, and mobile (handheld) televisions. Microtune classifies its products into two types: ICs (also referred to as silicon) and subsystem-level RF solutions (called Modules).

10

Poor managment and an SEC investigation. I am running from this one and you should too.

Portable electronics tuners.......that is where the money is.....unless the SEC rules against them.

Microtune designs and develops RF silicon and subsystems technologies that enable entertainment and communications across the most popular and ubiquitous consumer products like TVs, Internet devices, cars, and phones. Its radio frequency (RF), integrated circuits (ICs) and subsystem module solutions are used for the cable, digital television (DTV) and automotive electronics markets. The company's tuner, amplifier and upconverter products permit the delivery, reception and exchange of broadband video, audio and data using terrestrial and cable communications systems.

The company reported 11% increase in the net revenue in the fourth quarter of 2006 over the fourth quarter of 2005 which led to 21% year-on-year revenue growth. The company also announced a design win into Motorola digital voice cable modems. This is expected to prove as a significant opportunity for the company to expand market share within the cable segment and ultimately into Motorola’s set-top boxes. It is also expected that the company’s core cable market revenue growth will continue during 2007 fueled by expanding cable modem and cable set-top box opportunities.

Moreover the growth prospects for Microtune in 2008 remain very strong as the acceleration of key end markets like cable, TVs, cell phones, and PCs could dramatically improve the company's financial performance very quickly. In addition to the anticipated ramp of DVBH and the company’s existing design wins in DTVs could lead more meaningful revenue growth in 2008 as the silicon tuners begin penetrating DTV. Based on all the above facts the company looks to be well poised to effectively leverage its position as the leading silicon tuner provider and benefit from the ever expanding market in the future.

Management of this company has been messing up for years. Year after year, predictions of greatness are moved out to some future year. Valuation in terms of price/sales is very high considering that they have never delivered the goods. The stock should drop back to book value at around $2 if they don't go bankrupt first. Their only hope is to be acquired for their RF technology, but the valuation is too rich.

cell phones cable = tune $$$

Appears to have bottomed. Consistent performer.

Good Company, Some tough breaks, but will turn a profit in the long run.

My kids all say they would have to watch TV on their mobiles if they could get the handsets. Current price held down by SEC stuff? They have had time to disclose any major problems so take the risk $7M is about all the penalty.

Cable-ready TVs go mainstream, boosting mkt for tuners and Microtune is a big player in this market.

Microtune might be in a lot of mobiles via LG DVB-H and Samsung, in a lot of living rooms via Cisco SFA, and quite a PCs via Microsoft Vista. Good growth potential.