Stockchase Opinions

Benj Gallander Integrated Silicon Solution ISSI-Q BUY Jul 13, 2010

One that he owns in the contra portfolio. Could double from here. One of the cleanest balance sheets you could find. Has a track record and could do it again.
$8.620

Stock price when the opinion was issued

electrical electronic
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TOP PICK
Over $40 million of cash. Insiders own about $14 million. Now profitable again. A competitive semiconductor industry, which is a downside.
PAST TOP PICK
(A Top Pick July 4/08. Down 48.86%.) The marketplace they are in is very competitive. No debt and a fair bit of cash. Normally they are profitable. Under normal market conditions, it should be at a much higher valuation. On his Buy list.
PAST TOP PICK
(A Top Pick July 4/08. Down 35.11%.) In a very competitive semiconductor space and sales have gone down but have over $70 million in cash and no debt. With the semiconductor market changing over the next year or 2 this could do very well. Still on his Buy list.
TOP PICK
$71 Million in cash. Trading at 20% less than book value. In turnaround mode. They say there is pricing stability in the sector and even saying that prices are starting to go up.
PAST TOP PICK
(A Top Pick Oct 22/09. Up 130%.) In a highly competitive field. Have about $90 million in cash, about $3.50 a share. Record revenues this past quarter and are looking at continued high profitability. Could see it doing a double.
PAST TOP PICK
(A Top Pick Oct 22/09. Up 104.7%.) No debt and lots of money. Still a Buy. Could see it doubling again.
COMMENT

His Sell target on this is around $18. They have so much cash in the bank that several years ago they made a special payout. It wouldn’t surprise him if they did it again. Great company.

COMMENT

He bought this at $5 and change, and it is now at $16 and change. A very activist hedge fund moved in, and once they did, the stock moved up further. Has a feeling they may get more active with this. Thinks the company is worth a fair bit more than where it is at. Feels this could potentially be a $24 company if they can get somebody to come in and buy it. Great balance sheet and tons of money in the bank.