Alexander Lane, B Comm, C
Gennum
GND-T
COMMENT
Feb 06, 2008
Specialty semiconductor manufacturer. Struggled for the last few years. Just did a major restructuring on 3 areas 1) video transport 2) data communications and 3) image processors. Just reported an OK quarter. Expenses were a little heavy and Cdn$ impacted them. He's a growth manager and has not seen it in this company yet.
(A Top Pick June 8/04. Down 7.5%.) A wide ranging stock in that the bid/offer spread is very wide and it is very illiquid. Have some really good new products. Still buying.
Gennum makes digital pieces for hearing aids. It is not a cheap stock. Believes there is better value in other places. In the past he has owned this stock but no longer owns.
Has come under his radar screen for a potential look. Has been crushed and is looking like it is starting to base. We'll be having a closer examination of this.
In the old days it was a hearing aid company that did very well. Now they have semiconductor products for video and data com markets. Have been hard hit as a mini semiconductor company and earnings are way down. Good balance sheet and the business is stabilizing.
Designs semiconductor circuits. From June until now it had been trading in the $4 range and, on very positive news went up to a new level so the stock has taken on new characteristics. Volumes were also good.
(Top Pick Mar 12/10, Up 24.42%) Traded sideways for the last half of the year. When a stock breaks out of a long sideways trend with diminishing volume, it is a really good opportunity.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.