Aug 27, 2010 10:04 AM PDT
Trends, Observations, and Exclusive Opinion
Three SmallCap Tech Plays
CRAY: Supercomputer-Maker Sells to Government, Industry and Academia
SEAC: StarHub’s 1.9 Million Mobile Customers will use SEAC Technology
OIIM: Fabless Semiconductor Co Produces Earnings for Shareholders
First up this morning we have Cray Inc., (CRAY) http://www.cray.com/ currently trading in the $6.26 range on a 3-Month average daily trading volume of 382,584 shares. CRAY has a 52-week high of $9.49 set on 08-05-09 with current trailing twelve month revenues of $237+ million. CRAY makes and sells highly advanced supercomputers and world-class services and support to government, industry and academia. Cray technology is designed to enable scientists and engineers to achieve remarkable breakthroughs by accelerating performance, improving efficiency and extending the capabilities of their most demanding applications. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture. At $3 off its high, CRAY is undervalued and would be a long-term (1 Yr) ‘Buy’ consideration for me.
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Next up this morning we have SeaChange International Inc., (SEAC) http://www.schange.com/ currently trading in the $9.02 range on a 3-Month average daily trading volume of 212,036 shares. SEAC has a 52-week high of $9.98 set on 08-10-09 with current trailing twelve month revenues of $206+ million and a positive, corresponding diluted EPS of +$0.61. I really like those earnings. In mid-June SEAC’s Intelligent Video Platform was chosen by Singapore’s Starhub for its mobile TV service. StarHub TV on Mobile offers users the ability to view 24 branded premium pay channels on their mobile handsets. StarHub serves over 1.9 million mobile subscribers and over half a million pay television households. The operator has integrated the SEAC Intelligent Video Platform to optimize personalized streaming video on the mobile platform as part of its unique triple-play “hubbing” strategy. SEAC is also a long-term ‘Buy’ consideration for me.
Finally this morning we have O2Micro International Limited (OIIM) http://www.o2micro.com/ currently trading in the $6.92 range on a 3-Month average daily trading volume of 243,417 shares. OIIM has a 52-week high of $7.68 set on 04-26-10 with current trailing twelve month revenues of $139+ million and a positive, corresponding diluted EPS of +$0.13. I like those earnings. OIIM is a fabless semiconductor company that makes and sells components for power management and security applications. OIIM serves the electronics manufacturers of communications, computer, consumer, industrial, and automotive products in China, Hong Kong, Singapore, Taiwan, Japan and the U.S. OIIM is less than a $1 from its high, but even at this value is very attractive. OIIM would be a near-term (3 Mo) ‘Buy’ consideration for me. The Co will announce its financial results for Q2 ’10 before the market opens on Wednesday, August 4, 2010.
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