Logic Devies Inc. (LOGC)NASDAQ. Not too long ago, these guys were some pretty high fliers. A down turn in the SRAM market took it's toll on their profits. A couple of weeks ago, I voiced my angst to their web-master and asked that he forward the message to company president, Bill Volz. He called me a couple of days later to express his disappointment in the recent decline of our stock value. But he was very optomistic about second quarter results. They are working with several broadcast equipment manufacturers on the next generation of video chips that will be incorporated into HDTV broadcast equipment. They are also seeing a gradual increase of sales in their SRAM chips. Do you folks believe it's time to jump back in?
Mark |
