r3vbr
08-21-2005, 02:50 AM
I bought this share at 9$ and now it's trading at 7.2$
It's trading below bookvalue, has over 3$/share in cash, had some setbacks this last year because of under-expectation sales of Zen music player, wich caused inventory buildup and depreciation of assets.
The company's management predicts that until Q4 ends they will regain profitability.
They also launched a new Soundblaster wich was very well accepted by the market (see tomshardware.com)
Also, although I dont have knowlege on technical analisys, I think this is a good time to buy some more shares while looking at the chart.
What do you guys think?
It's trading below bookvalue, has over 3$/share in cash, had some setbacks this last year because of under-expectation sales of Zen music player, wich caused inventory buildup and depreciation of assets.
The company's management predicts that until Q4 ends they will regain profitability.
They also launched a new Soundblaster wich was very well accepted by the market (see tomshardware.com)
Also, although I dont have knowlege on technical analisys, I think this is a good time to buy some more shares while looking at the chart.
What do you guys think?