I bought it a few days after the UIEGA was passed. I saw it was already diversified in the foreign market. I'm really impressed with management's ability to always release good press releases nearly once a week. They obviously care about their shareholders.

It might be a boring industry, but this company is growing from big to bigger. I like being in foreign markets now in early 2007. This is a long term hold; it will only get better when the US housing market picks up again.

For a long time this fabless semiconductor company had lumpy earnings and was dependent on only a few companies for its income. But I think it's a turn-around story as they diversify their income stream, while at the same time profiting big time from their technology being included in the wildly successful Nintendo Wii.

It's undervalued compared to it's peers, and I like the new news about it starting a hedge fund arm. But I think it will get beat up along with other financials when the market takes a dowturn in the near term. (February 2007)

Undervalued at 64.