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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 49.78-0.6%Jan 21 3:59 PM EST

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To: Elroy who wrote (2075)8/1/2019 2:58:52 AM
From: Elroy1 Recommendation

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Hmmm, after hearing the conference call the outlook is better than I expected. Everything is forecast to grow in 2020, and gross margins are forecast to improve from crap H2 2019 levels. Increasing revenues AND gross margins sounds awesome. Going to be a tough few months, but 2020 is close enough that might as well wait.

The only sketchy segment is Shannon, the rest are more positive than my initial take. I can see SIMO at $50 a year from now, so might as well sit and wait (again....).
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