Benj Gallander
InFocus
INFS-Q
TOP PICK
Sep 15, 2008
Projection system field. Used to have revenues of about $880 million but now under $300 million but seems to have stabilized. Has been losing money for years but now are just breaking even. $60 million in cash and virtually no debt.
(A Top Pick March 25/08. Down 76.6%.) Had $140 million cash but now only $32 million. Had expected them to turn around earlier. Most recent quarterly results were absolutely brutal. He has lost a lot of confidence here. Not a Buy. Hoping for a bump so he can get out.
(Top Pick Mar 25/08 Down 45.50%) Management is inept. They had no debt but now burned through 33 Million $. Take over offer on the company. It could go up from here. Could be abiding war or could go for $0.95