Silicom Ltd. (SILCF)

[midastouch017]

Silicom Q2 net profit soars 392%
The company posted $6.6 million in sales up 82% over the corresponding quarter.
Michal Yoshai 24 Jul 07 10:20
Network hardware company Silicom Ltd. (Nasdaq:SILC; TASE:SILC) published its financial report for the second quarter of 2007 yesterday, in which it posted a net profit of $1.6 million, or $0.25 per share, a 392% increase on its profit of $319,000 in the corresponding quarter in 2006. The company beat the consensus estimate, which predicted earnings per share of $0.20.
Sales for the second quarter rose 82% to $6.6 million, from $3.6 million in the corresponding quarter. These are the Silicom's highest revenues on record and its 14th consecutive quarter of rising sales, representing 9% growth over the first quarter of the year. Here too, the company beat the consensus estimate, which predicted $6.5 million in revenue.

Operating profit soared 346% to $1.4 million over the corresponding quarter, representing more than 20% of revenue.

Silicom posted a net profit of $2.8 million, or $0.47 per share on $12.7 million revenue for the first half of 2007.

Silicom president and CEO Shaike Orbach said, " The second quarter was another period of growing sales and profits for Silicom. We are particularly proud of the above-20% operating margins that we have achieved for both the quarter and the six-month period, a result of our ability to leverage our current cost structure to support a higher level of sales. Taken as a whole, we are pleased with our progress and are working to build the company for the benefit of our shareholders."

Published by Globes [online], Israel business news - www.globes.co.il - on July 24, 2007

[kumqwatt]

bought on the dip

[midastouch017]

Fortune-100 WAN Optimization Customer Orders - $1.2M of Silicom's Bypass Products
Monday March 19, 8:37 am ET
-- Explosive Growth of WAN Optimization Market Continues To Accelerate Silicom's Momentum --

KFAR SAVA, Israel--(BUSINESS WIRE)--Silicom Ltd. (NASDAQ & TASE: SILC) today announced that a Fortune 100 leader of the Internet Networking industry has ordered Silicom products valued at approximately $1.2 million. Silicom will deliver advanced BYPASS adapters to this recently-announced Design Win in three separate shipments over the next three months as required to meet the customer's WAN Optimization appliance manufacturing schedule.

http://biz.yahoo.com/bw/070319/20070319005676.html?.v=1

[midastouch017]

I’ll end today’s review with Silicom Ltd. (Nasdaq:SILC; TASE:SILC), one of my favorite small companies which staged a comeback after the tsunami of 2000. The move that helped Silicom bounce back from the crisis was its decision to focus on what are known as “bypass” switches which ensure that network traffic continues to flow in case the appliance fails or loses power. The company’s veteran chairman (and founder) Avi Eizenman brought in a top-rate manager and marketing executive, Shaike Orbach, and the two men are leading the company forward with the utmost professionalism, a fact that has not gone unnoticed by the market.

Silicom’s results for the fourth quarter and 2006 as a whole quite definitely justify the rise in the company’s market cap from $800,000 four years ago ($0.20 a share) to $72 million ($13.8) a share today. According to figures for 2006, the company posted earnings per share of $0.20 for the fourth quarter and $0.49 for the year as a whole.

Published by Globes [online], Israel business news - www.globes.co.il - on January 30, 2007

http://www.globes.co.il/serveen/globes/docview.asp?did=1000178004&fid=1052

[midastouch017]

Up 41% on 1.2 mil shares.... wow

[midastouch017]

Silicom sales up 48% in 2006
The company’s fourth quarter 2006 revenue totaled $5 million, a 60% increase over the corresponding quarter.
Shiri Habib 29 Jan 07 16:59
Silicom Ltd. (Nasdaq:SILC; TASE:SILC) has published its financial reports for the fourth quarter of 2006 and the year as a whole. Revenue for 2006 increased by 48% to a record $16.1 million compared with $10.9 million for 2005. Net profit in 2006 increased by 97% to $2.6 million, or $0.49 per diluted share ($0.51 per basic share), compared with $1.3 million or $0.30 per diluted share ($0.31 per basic share) in 2005.
Silicom also posted quarterly revenue growth for the 12th consecutive quarter. Revenue for the fourth quarter of 2006 rose 60% totaled $5 million, an increase of 60% compared with $3.1 million in the fourth quarter of 2005, and 20% compared to the third quarter of 2006. Gross profit amounted to $2 million, 39.8% of turnover, lower than in the corresponding quarter in 2005. Operating profit for the quarter totaled $950,000, a 100% increase over the corresponding quarter. Net profit, including income from financing activity and tax returns, totaled $1.1 million, a 125% increase over the corresponding quarter.


Silicom president and CEO Shaike Orbach said, “We are proud to report an outstanding fourth quarter as the climax of the best year in our history. After crossing the $4 million revenue milestone in Q3, during the final three months of the year our sales grew by an additional 20%, giving us quarterly revenues above $5 million. The platform of 40+ design wins that we have accumulated over the past several years represents a continuously expanding source of orders, and we have been adding new design wins to the base each quarter. In addition, during the fourth quarter we began to see a ramp up in the order volumes of some of our customers - particularly those in the WAN Optimization arena - in response to the incredible growth in their markets.”

Published by Globes [online], Israel business news - www.globes.co.il - on January 29, 2007

[midastouch017]

Silicom Posts Outstanding Quarter to Cap Record Year: Q4 Sales of $5.0M Yield $1.1M of Net Profit
Monday January 29, 8:28 am ET
Momentum Continues: 3 Straight Years of Quarterly Revenue Growth; New Quarterly and Annual Records Set for Sales, Operating Income & Net Income


KFAR SAVA, Israel--(BUSINESS WIRE)--Silicom Ltd. (NASDAQ and TASE: SILC) today reported record revenues, operating income and net income for the fourth quarter and full year ended December 31, 2006.
Revenues for the fourth quarter of 2006 were $5.0 million, an increase of 60% compared with $3.1 million in the fourth quarter of 2005 and 20% compared sequentially to the third quarter of 2006. This is the Company's twelfth consecutive quarter of increasing revenues and its highest quarterly revenues on record. Operating income for the quarter was $950,000, an increase of 100% compared to the parallel quarter of 2005 and 53% compared sequentially to the third quarter of 2006. Net income for the quarter increased by 125%, reaching $1.1 million, or $0.20 per diluted share ($0.21 per basic share), compared to $473,000, or $0.11 per share (basic and diluted) for the fourth quarter of 2005. This represents a 60% increase in net income compared sequentially with the third quarter of 2006.

Revenues for the full year of 2006 increased by 48% to a record $16.1 million compared with $10.9 million for 2005. Net income for the period increased by 97% to $2.6 million, or $0.49 per diluted share ($0.51 per basic share), compared with $1.3 million, or $0.30 per diluted share ($0.31 per basic share) for 2005.

Commenting on the results, Shaike Orbach, President and CEO, said, "We are proud to report an outstanding fourth quarter as the climax of the best year in our history. After crossing the $4 million revenue milestone in Q3, during the final three months of the year our sales grew by an additional 20%, giving us quarterly revenues above $5 million and a 100% year-over-year increase in operating income.

"This exceptional performance is attributable to two exceptionally strong growth engines. As we have indicated in the past, the platform of 40+ Design Wins that we have accumulated over the past several years represents a continuously expanding source of orders, and we have been adding new Design Wins to the base each quarter. In addition, during the fourth quarter we began to see an exponential ramp up in the order volumes of some of our customers - particularly those in the exploding WAN Optimization arena - in response to the incredible growth of their markets."

Mr. Orbach concluded, "Looking forward into 2007, we believe that the momentum of both these growth engines will continue to accelerate, driving continued strong growth for our company. With strong traction and a favorable environment, we are working to achieve our full potential and to create additional value for our shareholders."

Quarterly Conference Call

Silicom's senior management will be hosting a conference call today, January 29th, at 9am EST (6am Pacific Time; 4pm Israel Time) to review and discuss the results and to answer investor questions. To participate, please call one of the following teleconferencing numbers 10 minutes before the conference call commences.

US: 1 888 281 1167 (toll free)
UK: 0 800 917 9141 (toll free)
ISRAEL: 03 918 0609
INTERNATIONAL: [phone]

For those unable to listen to the live call, a replay of the call will be available for three months from the day after the call in the investor relations section of Silicom's website at: www.silicom.co.il.

http://biz.yahoo.com/bw/070129/20070129005700.html?.v=1

[midastouch017]

Silicom clears the way
Another player now trying to get a foothold in this arena is Kfar Saba-based Silicom Ltd. (Nasdaq:SILC; TASE:SILC), which I have followed since time immemorial and, which emerged from the darkness, thanks to the phenomenal talent of its semi-new management team. The company announced on Monday that it won two new design wins for the bypasses it produces. Bypasses, literally, create bypasses to help information circumvent any blockage on networks that may be preventing normal transmission.

Silicom manufactures high-power adaptors and these are its claim to fame. It claims that it has been selected as the preferred manufacturer in this growing bypass market. All that remains for me is to wish this excellent team the very best of luck because they deserve it. Who knows? The stock might even make it back to the March 2000 high of $23. And why not? At least they have a good product this time round whereas back then they hardly had anything.

http://www.globes.co.il/serveen/globes/docview.asp?did=1000164903&fid=1052

[midastouch017]

Hi Ddbl,

There is an ORMP #board-6202. It wasn't me buying yesterday.
I am still at the sidelines, watching.

Enjoy your day,

Dubi

[ddbl_our_buck]

dubi, OT from SILC

the only thing remaining for me is if the tech is valid. I looked for the board and can't find it yet. Let's say I am anxious! Technically, I am convinced we are headed to a dollar. Fundamentally, if ORMP gets exposure, media attention or news, we rocket past a dollar. Inhalers are not the answer for diabetics. I posted the chart, because the BB's are narrowing and MACD is decidedly pushing higher. I am selling a PRC winner today and getting in for the new year.
We had a nice rally yesterday, affirming my expectations. Nice volume, ta boot. Was that you buying?

Wish I had a thou for a enrty point ito my beloved SILC, tho...truly a LT holding, for any fundamental investor, but I don't.

Here's the chart on ORMP. Have a profitable day, dubi..

http://www.profitspi.com/stock-chart.aspx?id=ORMP&ca=724198082

[midastouch017]

I'll do some more research, Ddbl and let you know

Regards,

Dubi

[midastouch017]

Silicom Builds Momentum in Exploding WAN Optimization Market: Additional Two Design Wins Achieved
Monday December 18, 8:11 am ET


KFAR SAVA, Israel--(BUSINESS WIRE)--Silicom Ltd. (NASDAQ & TASE: SILC) today announced that it has achieved two new Design Wins with major players in the fast-growing WAN Optimization market. One of the Design Wins is with one of the largest companies in the networking industry and a worldwide leader in networking for the Internet, whose new Wan Optimization product line gives an indication of the importance of this emerging market sector. The other Design Win is with a rapidly-growing provider of intelligent IP service optimization solutions.

The potential of this market segment for Silicom is demonstrated by the continuously increasing flow of orders that it has been receiving over the past year after achieving a Design Win with another WAN Optimization pioneer and a current market leader. The fact that Silicom has now achieved Design Wins with three strong WAN Optimization appliance players establishes Silicom's BYPASS adapters as critical enablers for this rapidly growing market segment.

WAN Optimization appliances are devices deployed in data centers, branch offices and remote sites to overcome network performance problems and accelerate application delivery. In this mission-critical environment, it is vitally important to assure continuous traffic flow, and to safeguard against network disruption of any kind. As such, BYPASS functionality, which automatically reroute traffic around non-functioning components in the event of appliance disruption, are necessary components of practically all WAN Optimization appliances. As the industry's leading supplier of high-performance BYPASS adapters with a proven track record in the WAN Optimization market, Silicom is emerging as the BYPASS adapter supplier of choice to this emerging market.

A variety of respected market surveys and analyst reports are predicting a dramatic increase in revenues from the WAN Optimization appliance sales over the next few years, with one optimistic report even projecting a tenfold growth from 120,000 units in 2006 to 1,120,000 units in 2008. The sector has been characterized by a high level of M&A activity over the past year, and has produced two successful Nasdaq IPOs during the past four months -- Riverbed (Nasdaq:RVBD - News) and Allot (Nasdaq:ALLT - News).

"The WAN Optimization market is exploding, and we have begun to benefit," said Mr. Shaike Orbach, President and CEO of Silicom. "As we look into the market, we see dramatic growth in demand for WAN Optimization appliances, most of which will need a BYPASS solution. Having achieved three major Design Wins in this market, we are now clearly positioned as its leading provider of BYPASS solutions, and believe that demand for our BYPASS adapters will grow in step with overall WAN Optimization appliance sales. We are excited to begin building momentum in this emerging market and believe it represents a huge incremental opportunity for Silicom."

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance server/appliances networking solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and innovative BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

http://biz.yahoo.com/bw/061218/20061218005468.html?.v=1

[ddbl_our_buck]

nice website :) ~ lets keep tabs on when u think it will be promising. Seems like a good idea for a 13 billion dollar industry. Great to have our own message board to confer. Best to you dubi!
ddbl_our_buck

[midastouch017]

Hi Ddbl,

The board you tried posting on is a premium member
board only.

Try #board-4432. The board is dedicated to Israel
Healthcare and companies.

I have done some digging into ORMP.OB, it does not seem too
promising, at least not at first sight.

I suggest you read form 10ksb,

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001085037%252D06...

If you still wish to discuss the company, i will establish
its own seperate board. It is a matter of a few minutes only.

Happy new year & Happy Channukah

Dubi

[ddbl_our_buck]

dubi. hello. won't let me post on Israeli board, so this is OT from SILC. I still follow the Rad Group, CRNT RDCM RITT and SILC. Sorry I haven't kept in touch, but losing money isn't any fun! I do read your posts and still believe the greatest minds come from Israeli Universities.

Please comment on this stock and list it under your Israeli funds for me, so we can strike up a conversation. They seem to have a diabetic gel pill rather than injection of Insulin, or inhalers. Just starting my DD and respect your views.

Oramed Pharmaceuticals,Inc
http://www.oramedpharma.com

ORMP.ob

thanks and Shalom, ddbl

[midastouch017]

Two small stocks to watch
Silicom and Ceragon have proved their worth over the last 3-4 years but investors should still tread with caution.

Shlomo Greenberg
Silicom Ltd. (Nasdaq:SILC; TASE:SILC), and Ceragon Networks Ltd. (Nasdaq: CRNT; TASE:CRNT), are two small Israeli companies that I like and which I have been following for some time. Over the past 3-4 years, both companies have proved their worth in business growth, cost efficiency, and a successful break into a niche. Both have competent management teams which led them to the business breakthrough they are currently enjoying.
The interesting thing here is that the sharp gains in both stocks in recent days, which came in response their second quarter results - and in the case of Ceragon, also as a result of the analysts’ recommendations - have sent the market value of both stocks below their mid-year market cap. Silicom is currently trading at $8.8 with a market cap of $46 million, down from $12.5 and a market cap of $65 million in March. Ceragon is currently trading at $5.1 with a market cap of $136 million, down from $5.6 and market cap of $150 million back in April.

The key issue to remember here is that a stock’s bottom line value on Wall Street is connected to its bottom line on Main Street. Any deviation from a company’s economic value, either higher or lower, should trigger a warning mechanism. A rational investor does not need to constantly check whether a stock has gone up or down, but instead he or she should follow the company’s price, check if it’s high and try to watch out for the “mines”.

Published by Globes [online], Israel business news - www.globes.co.il - on October 26, 2006

[midastouch017]

US investor buys 10% of Silicom
Robert Mark Sussman says he does not want to take over the company and has made no demands on it.
Shiri Habib 26 Sep 06 15:44
The managers of Kfar Saba-based Silicom Ltd. (Nasdaq:SILC; TASE:SILC) are undoubtedly asking if a takeover attempt of the company is in the offing, after discovering that a US investor bought 10% of it in recent months.
Robert Mark Sussman began buying Silicom shares early this year, and has reached a 10% holding. Only the company’s co-founders Yehuda and Zohar Zisapel own larger stakes: Yehuda owns 15.6%, and Zohar 12.9%.

Silicom, a subsidiary of the RAD Group, develops, produces and markets network connectivity solutions, and has a market cap of $33 million. The company’s share has fallen 27% since January, after achieving a yield of 200% in 2005. The company became profitable last year, after four years of losses, a fact that probably contributed to Sussman’s decision to buy shares.

Documents Sussman filed with the US Securities and Exchange Commission (SEC) state that he is acting on his own, and is not part of any group. He signed a standard declaration in the first document, stating that the purchases of shares were not part of an attempt to influence control of the company. He reportedly has no plans to take over Silicom or makes changes in its management.

Sources inform ''Globes'' that Sussman has not asked to be appointed to Silicom’s board or to appoint a representative on his behalf. He is apparently a financial investor who manages his own and other people’s money, and views Silicom as an investment opportunity. In some of the documents he filed with the SEC he states his home address as New York; in other he gives Arizona.

Silicom posted a net profit of $867,000 on $6.9 million revenue in the first half of 2006. The company announced the launch of a new line of information security products last week, and for the first time said that its customers included information security giant Check Point Software Technologies Ltd. (Nasdaq: CHKP).

Published by Globes [online], Israel business news - www.globes.co.il - on September 26, 2006

[midastouch017]

Silicom Announces a New Design Win with Trend Micro

Wednesday August 16, 8:29 am ET

KFAR SAVA, Israel--(BUSINESS WIRE)--Aug. 16, 2006--Silicom Ltd. (NASDAQ:SILC - News; TASE:SILC) announced today that it has achieved a new design-win with Trend Micro Incorporated, for Silicom's high-end Fiber Bypass Server adapter.

Silicom's high-end Fiber Bypass Server adapter will be used as an optional fiber card in the Trend Micro 'Network VirusWall Enforcer 2500' security appliance. Trend Micro has already placed initial production orders for the cards and has integrated Silicom's adapters into its production process.

"We are seeing more and more examples of network security solutions which were traditionally implemented as software, now being installed as network appliances," commented Shaike Orbach, CEO of Silicom. "This trend has been gaining strong traction over the last few years and appliances are becoming ever-more pervasive. This trend also underpins the growth in our business and we expect it to continue."

Mr. Orbach concluded, "This new design-win, with one of the world's leading security vendors, further validates the superiority of our solutions. Additionally, it further expands and diversifies our global revenue base."

Silicom Ltd. is an industry-leading provider of high-performance server/appliances networking solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and innovative BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

http://biz.yahoo.com/bw/060816/20060816005382.html?.v=1

[midastouch017]

Silicom Reports Record Revenues for 2nd Quarter & 1st Half 2006

Thursday August 3, 9:43 am ET

Q2 Revenues Rise for 10th Straight Quarter to Record $3.6M
Momentum Continues to Build With New Design Wins and Penetration into Strategic New Markets

KFAR SAVA, Israel--(BUSINESS WIRE)--Aug. 3, 2006--Silicom Ltd. (NASDAQ and TASE: SILC) today reported financial results for the second quarter and six months ended June 30, 2006.
Revenues for the second quarter of 2006 were $3.6 million, an increase of 38% compared with $2.6 million in the second quarter of 2005, the Company's highest on record. This is the Company's tenth consecutive quarter of increasing revenues, and growth of 11% compared sequentially to the first quarter of 2006. Net income for the quarter was $319,000, or $0.06 per share (basic and diluted) compared with $315,000, or $0.07 per share (basic and diluted), for the second quarter of 2005.

Revenues for the first half of 2006 increased by 41% to a record $6.9 million compared with $4.9 million for the first six months of 2005. Net income for the period increased by 86% to $867,000, or $0.16 per diluted share ($0.17 per basic share), compared with $465,000, or $0.11 per share (basic and diluted) for the first half of 2005.

Commenting on the results, Shaike Orbach, President and CEO, said, "Our business momentum continues to accelerate, as demonstrated by our success in achieving another quarter of record revenues and important new Design Wins while continuing to expand our product lines and increase our market penetration. During the quarter, we achieved two prestigious new Design Wins, one from a $10 billion North American networking/communications company, and another from a top-tier Japanese server manufacturer, our first-ever Design Win in Japan. These successes position us even more firmly as a major industry player.

"Our focus going forward is to build our revenues to the next level, primarily by diversifying our sales mix, increasing our market reach and extending our product portfolio. During the quarter, we began to enjoy increased demand for our 'lower-end' offerings in addition to the 'higher-end' solutions that originally attracted many of our current customers. We view this as a testament to the high regard with which existing and potential customers view our technology, quality and service capabilities and a significant incremental opportunity.

"Our close customer relationships are also paying off via the insight that they give us into unmet market needs. During the second quarter we launched a significant R&D effort to develop a new line of specialized encryption products that will expand the range of solutions we can offer existing and potential security/networking appliance customers. We also made important one-time R&D investments to extend our ROHS (Reduction Of Hazardous Substances) compliant product lines and to secure additional regulatory approvals. In parallel, we are working to penetrate important emerging markets, including China, and to capitalize on the opportunities that our prestigious new Design Wins are opening up for us in Japan and other regions."

Mr. Orbach concluded, "Taken as a whole, we are following a strategy that we believe will build the Company to the next level, and pleased with our progress to date. With clear technological leadership, a top-tier customer base and a growing portfolio of superb products that addresses the needs of significant untapped markets, we believe we are well positioned and continue working to achieve our full potential."

Silicom Ltd. is an industry-leading provider of high-performance server/appliances networking solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and innovative BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the Company's control, which may cause actual results, performance, or achievements of the Company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the Company's periodic filings with the Securities and Exchange Commission. The Company disclaims any duty to update such statements.

-- FINANCIAL TABLES FOLLOW --

Silicom Ltd. Consolidated
Summary of Results

U.S. dollars, in thousands, except for per share amounts



Three-month period Six-month period
ended June 30, ended June 30,

2006 2005 2006 2005
========= ======== ======== =======
Sales $3,635 $2,638 $6,922 $4,918
Cost of sales 2,317 1,589 4,285 2,964
--------- -------- -------- -------
Gross profit 1,318 1,049 2,637 1,954
--------- -------- -------- -------

Research and development costs,
gross 508 364 908 768
Less - royalty bearing
participations (3) 8 (3) 44
--------- -------- -------- -------
Research and development costs, net 511 356 911 724

Selling and marketing expenses 276 212 496 446
General and administrative 208 189 414 346
--------- -------- -------- -------
995 757 1,821 1,516
--------- -------- -------- -------

Operating income (Loss) 323 292 816 438

Financial income (expenses), net (4) 23 51 27
--------- -------- -------- -------
Income (Loss) before taxes on
income 319 315 867 465
Taxes on income --- --- --- ---
--------- -------- -------- -------
Net income (Loss) $ 319 $ 315 $ 867 $ 465
========= ======== ======== =======


Basic income (Loss) per share $ 0.06 $ 0.07 $ 0.17 $ 0.11
========= ======== ======== =======

Weighted average number of shares
outstanding - Basic EPS (in
thousands) 5,198 4,247 5,077 4,223
========= ======== ======== =======

Diluted income (Loss) per share $ 0.06 $ 0.07 $ 0.16 $ 0.11
========= ======== ======== =======

Weighted average number of shares
outstanding - Diluted EPS (in
thousands) 5,418 4,397 5,312 4,331
========= ======== ======== =======


Silicom Ltd. Consolidated Balance Sheets
(U.S. dollars, in thousands)

June 30, 2006 December 31, 2005
(Unaudited) (Unaudited)
================= =================
Assets

Current assets
Cash and cash equivalents $ 3,511 $ 2,276
Short term investments 509 -
Trade receivables 2,906 2,395
Other receivables 385 453
Inventories 3,652 2,994
----------------- -----------------
10,963 8,118

Long term investments 3,287 -
Severance pay fund 667 587
Property and equipment, net 338 292
Other assets 44 48
----------------- -----------------

Total assets $15,299 $ 9,045
================= =================

Liabilities and shareholder's equity

Current liabilities
Short-term bank credit - 500
Trade payables 2,055 2,020
Other payables and accrued
liabilities 741 822
----------------- -----------------
Total current liabilities 2,796 3,342

Liability for severance pay 1,127 1,031
----------------- -----------------

Total liabilities 3,923 4,373
----------------- -----------------

Shareholders' Equity
Share capital and additional paid
in capital 11,801 5,964
Treasury stock (38) (38)
Retained earnings (deficit) (387) (1,254)
----------------- -----------------
11,376 4,672
----------------- -----------------
Total liabilities and shareholders
equity $15,299 $ 9,045
================= =================



http://biz.yahoo.com/bw/060803/20060803005512.html?.v=1

Dubi

[midastouch017]

Silicom Announces Another Security-Appliance Design-Win at a Top Networking and Communications Company

Tuesday May 30, 6:20 am ET

KFAR SAVA, Israel--(BUSINESS WIRE)--May 30, 2006--Silicom Ltd. (NASDAQ & TASE: SILC) today announced that it has achieved a new design win with a top-tier North-American based, networking and communications equipment company. The company will be using Silicom's ROHS (Reduction Of Hazardous Substances) compliant, multi-port server adapters in its security appliances. Silicom's products will be replacing those of a major competitor, which this particular company was previously installing in its security appliances. Initial orders have already been received and partial shipments against these purchase orders have already been made.

This design win follows a rigorous year-long evaluation process in which the customer scrutinized every aspect of Silicom's ROHS compliant multi-port server adapters before approving them for use in its appliances.

"Beyond the potential represented by this design win for the client's security appliances, our initial entry into a company with over $10 billion in annual revenues, creates future opportunities for us and makes it easier to market and sell our products for use in additional types of equipment from this customer," said Mr. Shaike Orbach, President and CEO of Silicom. "Also, as we have seen with many of the 35 design wins that we have accumulated over the past two years, we believe this one will lead to a steady flow of sales, as well as further diversify our dependence on any one customer and their particular purchase cycles."

"We are particularly proud that our solution won over that of our leading competitor, and we see this as a testament to the added-value and superior cost-performance of our adapters," concluded Mr. Orbach.

Silicom Ltd. is an industry-leading provider of high-performance server/appliances networking solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and innovative BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

http://biz.yahoo.com/bw/060530/20060530005403.html?.v=1

Dubi

[midastouch017]

Hi Ddbl,

Inside selling is never a positive, even whenever
a blind planned share sale.

The market thinks so too.

Dubi

[ddbl_our_buck]

Dubi, I did some checking and it is Yehuda who is selling 100,000 as of Feb 14th. Eizenman is also registered 50,000 for sale. Whay are insiders selling? This is a bad sign, no?
tia, ddbl

[ddbl_our_buck]

dubi - what you think the 1 mil share propose sale by Zohar has to do with price not moving on news? Alot, imo
dismayed, ddbl

[midastouch017]

Silicom wins contract with Japanese server vendor
The company will supply server adaptors in a contract whose size was not disclosed.

Shiri Habib 1 May 06 18:57

The positive momentum at Silicom Ltd. (Nasdaq:SILC; TASE:SILC) is continuing. The Kfar Saba-based company today announced its first penetration into the Japanese market.
Silicom announced that it had signed a contract, the value of which it did not disclose, with a leading Japanese server manufacturer, whose name was also not disclosed. The contract was signed after 30 months of talks. Silicom will deliver server adaptors to the Japanese company. Silicom said it had already made the first deliveries.

Silicom, a subsidiary of RAD Data Communications Ltd., develops, manufactures and markets connectivity solutions for communications networks. The company has a market cap of $43 million. Its main shareholders are co-founder Yehuda Zisapel, with a 20.9% stake in the company; his brother, Zohar Zisapel, with a 19.2%; and Silicom chairman Avi Eisenman, with 7%.

Silicom president and CEO Shaike Orbach said, “The selection of our product by such a large and prestigious company - especially one that is known for its extreme standards for quality, reliability and performance - takes our credibility to a new level and paves the way towards additional penetration of the strategic Japanese market.”

Published by Globes [online], Israel business news - www.globes.co.il - on May 1, 2006

Dubi

[midastouch017]

Silicom Penetrates Japan: Major Design Win with World Leading, Top Tier Japanese Server Manufacturer

Monday May 1, 8:32 am ET

KFAR SAVA, Israel--(BUSINESS WIRE)--May 1, 2006--Silicom Ltd. (NASDAQ & TASE: SILC) today announced a major new Design Win from one of the world's top tier server manufacturers, representing its first Japanese Design Win. The Design Win followed a rigorous 30-month discussion, evaluation and qualification process during which the customer scrutinized Silicom's manufacturing and support capabilities together with all aspects of the Silicom copper and fiber Gigabit Server adapters that the customer intends to use within its server systems.

Silicom has already delivered first shipments of the Company's server adapters to the customer per its initial production orders and received additional orders for future deliveries.

"The selection of our product by such a large and prestigious company - especially one that is known for its extreme standards for quality, reliability and performance -- takes our credibility to a new level and paves the way towards additional penetration of the strategic Japanese market," said Mr. Shaike Orbach, President and CEO of Silicom. "Beyond the significant potential represented by this Design Win, we will now begin marketing additional products within the same division, as well as to the other divisions of this customer's worldwide organization which have indicated an interest in our products. In addition, the Design Win is already making it easier for us to gain entry into other major Japanese manufacturers.

"As such, this Design Win is an important boost to the momentum that we have been building steadily over the past two years. We are proud to have recently posted another record quarter with the highest sales and profits in our history. With growing markets, a base of about 35 existing Design Wins, a top-quality reputation and a strong track record with the industry's largest players, we are more excited than ever regarding our future prospects."

Silicom Ltd. is an industry-leading provider of high-performance server/appliances networking solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and innovative BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

http://biz.yahoo.com/bw/060501/20060501005601.html?.v=1

Dubi

[midastouch017]

Silicom posts 9th consecutive quarter of rising revenue
Revenue for the first quarter of 2006 was $3.28 million, up 44% from $2.28 million for the first quarter of 2005.

Globes correspondent 24 Apr 06 18:01

Server/appliances networking solutions provider Silicom Ltd. (Nasdaq:SILC; TASE:SILC) today reported its highest quarterly sales ever, and the company's ninth consecutive quarter of rising revenue.
Net profit for the quarter was a record $548,000, or $0.11 per share (basic and diluted), more than triple the net profit of $150,000, or $0.04 per share (basic and diluted), recorded in the first quarter of 2005, and an increase of 16% compared with $473,000, or $0.11 per share (basic and diluted) for the fourth quarter of 2005.

Revenue for the first quarter of 2006 was $3.28 million, an increase of 44% compared with $2.28 million for the first quarter of 2005, and an increase of 5% compared with $3.126 million for the fourth quarter of 2005.

Cash and cash equivalents at the end of the quarter totaled $7.8 million compared to $1.8 million at the end of the fourth quarter of 2005. Silicom stated that this reflected the contribution of the public offering completed in January 2006 and the quarter's positive cash flow.

Silicom president and CEO Shaike Orbach said, "During the quarter, we recorded strategic design wins with two new customers, a major manufacturer of traffic management/load balancing appliances and an industry-leading provider of Internet security appliances. Also during the quarter we dual-listed the company on the Tel Aviv Stock Exchange and completed a $6 million public offering, moves that have increased the liquidity of our share and increased our working capital.

"Taken as a whole, with strong cash reserves, a growing range of superb products, an expanded foundation of about 35 design wins and a strong presence in the security, storage, load balancing, traffic management and other industries, we believe that we are well positioned to achieve new records in our 2006 revenues and net income."

The company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products.

Published by Globes [online], Israel business news - www.globes.co.il - on April 24, 2006

Dubi

[midastouch017]

Thu: What makes Silicom run?
More than technology and results, it's a matter of who has been buying the shares.

Shlomo Greenberg

My travels through the land of small-cap stocks with potential has taken me (or brought me back) to Silicom Ltd. (Nasdaq:SILC; TASE:SILC). I’ll start by saying that I know no stock that has risen more than Silicom from October 2002 to today. In December 2002, the stock plummeted to $0.20 a share. This week, it crossed the $11.5 level. This represents a 57-fold rise. Orckit Communications (Nasdaq: ORCT; TASE: ORCT), for example, rose to a value 25 times that of its all time low, while Aladdin Knowledge Systems (Nasdaq: ALDN; TASE: ALDN) “only” managed a seventeen-fold rise . Anyone who knows of another Israeli stock that has risen 57 times in value since 2002, is invited to step forward; I don’t.
Let’s try and fathom out what it is that makes Silicom run. First I should note that Silicom is one of the veteran Israeli companies on Wall Street. It was issued back in 1994 at a price, if my memory serves me correctly, of $5 a share. The laypersons among us would do well to watch their words when they try to define the company’s line of business. Silicom manufactures smart electronic cards that can be used as adaptors, junction boxes, re-routers and transmitters. Its cards support transmission of all types of information between computers, over networks, and some of its products have also been adapted for use in security software. If, for example, an information stream is truncated (due to a power failure or another cause) Silicom’s bypass software is activated, enabling the resumption of the information flow.

Founded in 1987 by current chairman Avi Eizenman and the Zisapel brothers, the close of the last century saw Silicom stock achieve popularity, reaching highs in excess of $20. Many other stock were also breaking records back then. The problem with Silicom was that it was, in effect, thrown out of the aircraft without a parachute. What does this mean here? Caught up in the technological euphoria of that period, Silicom abandoned its traditional lines of business and moved to a field that looked fantastic at that time, end-user connection technologies. The company developed USB connectors that were to be relevant to the development of IT. While it was still engrossed in its dreams, the market disintegrated, leaving Silicom with no business and almost no money.

The current chairman, Avi Eizenman, managed somehow to stabilize and revitalize the company. He began to look for ways in which the know-how that the veteran company had accrued could to be used to try and save its business. How Eizenman managed to take a company with no sales and $1.5 million in cash and bring it back to life is beyond me, but that is what happened. I must state that, at the end of 2002, I feared for the future of the company and its employees, since no buyers could be found for a company valued at $800,000 only. In 2001, when it looked like the company had developed a new device and had something to offer despite everything, a new CEO, Shaike Orbach, was brought in, and Eizenman stayed on as chairman. Orbach had previously served as president and CEO at Opgal, a subsidiary of Rafael Armament Development Authority Ltd.. Before that he managed Edusoft . Persuading someone like Orbach to leave Opgal for a company like Silicom must no doubt have required a bait of some sort, and it wasn’t money. From the moment he took over I realized that there was something in that company, only I don’t know exactly what it is.

The gains up to the start of 2004 were not related at all to Silicom but were instead, a function of market activity, an general revival in the technology stock indices.

The really important question is what caused a stock like Silicom to climb consistently to the enviable level it is at today, while stocks such as Top Image Systems Ltd. (Nasdaq: TISA), Mind CTI (Nasdaq: MNDO; TASE: MNDO), Eltek (Nasdaq: ELTK, or Alvarion (Nasdaq: ALVR; TASE: ALVR) have “stayed put” since the middle of 2004?

Don’t assume it has something to do with results. Silicom has achieved amazing results, but I can show you several other companies that have done equally well whose stocks have not moved.

The big question is to who do the shares go to. Speculative money abandons a stock at the first opportunity, usually after it has made a profit of 200% or more. So if it's the public that is buying the stock, and the market begins to falter, the stock will come to a halt. But if the stock falls into institutional hands that have an interest, the stock will continue to rise as the dream materializes and business results are delivered.

Let’s try now to understand this through the case of the Silicom stock.

If you have followed the progress of Silicom stock, you will find that it too came to a halt following the first quarter of 2004. From the beginning of April onwards the stock began a downward slide. By September 2004 it had fallen 33% its $2.7 level in April to $1.8. In other words, Silicom behaved, in 2004, in a similar fashion to all the other technology stocks. The stock began to climb again at the end of 2004.

What happened then? There was a string of impressive yet unclear announcements. They referred to preliminary OEM agreements with anonymous giants. True, the information provided was incomplete, but people following the company found that the aftermath of the massive gains left Silicom with a valuation in mid 2005 of $15-16 million only. This was, of course, a substantial increase on the earlier value of $800,000. My estimate is that as early as the first half of 2005, Silicom began talking to underwriters about a public offering to raise resources that it lacked. The underwriters realized the potential that Silicom had and agreed. Here again full credit must go to the company’s management. I think that, during 2005, the company’s shares transferred from private ownership - bargain hunters, speculators and a intrepid public- to the institutions.

Although the Silicom share issue in January 2006 was miniscule, raising $6 million only (excluding options), it was held on the Israeli market, which, in its hunger for shares, needed no encouragement. Note that the exercise price of the options issued, $8.63 a unit, went “into the money” within ten days of the issue. Bear in mind also that the volumes have increased at least fivefold since the end of January 2006. Anyone who has spent more than two days in the market will tell you that shares changed hands, that people converted a substantial quantity of options and many of them made money. All this can be credited to the management and the skill it demonstrated in the actions it took, including, naturally, selling the company to the underwriters. Please remember that when Silicom announced the public offering at the beginning of January 2006, nobody knew about the excellent results for the end of 2005, but I have no doubt that several entities were convinced that they would be just that and predicted that the public would return once the results were available. That is what happened.

Would it be worth investing in Silicom at its present level? Given that there as yet no indications of the type of agreements, the identity of the parties involved, and the direction they will take, it would be difficult to make a genuine assessment. One thing that is clear, however, is that the pace of business progress to date is one that most certainly does not justify a market cap as low as $48 million. It's unfortunate that no serious analyst has as yet checked this out. Despite the gains to date, I believe that the current price embodies more opportunity than risk, but it's a matter of a more long-term investment.

The above recommendations were made by a person/s working in the investment industry who may hold positions in securities mentioned in the column. This column should not be taken as advice to buy, sell or continue to hold any securities, and anyone acting on the advice of this column does so at his or her own risk.


http://www.globes.co.il/serveen/globes/docview.asp?did=1000067431&fid=1052

Dubi

[midastouch017]

Silicom Announces Additional Design Win with Leading Security Appliance Provider

Monday February 27, 6:59 am ET

KFAR SAVA, Israel--(BUSINESS WIRE)--Feb. 27, 2006--Silicom Ltd. (NASDAQ & TASE: SILC) today announced that it has secured a new Design Win from a leading Internet security solution company, the second Design Win that it has announced this month. The Design Win is for four of Silicom's advanced Multiport and Bypass Gigabit Ethernet adapters, three of which are designed for use in the customer's state-of-the-art PCI-EXPRESS-based platforms. All four Silicom products are fully compliant with the RoHS (Reduction Of Hazardous Substances) directive.

The customers' security proxy appliances provide visibility and control of Internet communications to protect against risks from spyware, web viruses, inappropriate surfing, instant messaging (IM), video streaming and peer-to-peer (P2P) file sharing while simultaneously improving web performance. It will use Silicom adapters in two of its appliances to assure high-quality wirespeed data transfer, maintain connectivity in various potential failure scenarios and to achieve maximum flexibility in their connectivity options.

"We are pleased to report our second new Design Win for the month, and to add another leading Security Industry player to our growing list of customers," said Mr. Shaike Orbach, President and CEO of Silicom. "Having built its reputation on high-throughput security proxy solutions, we are proud that this customer is turning to Silicom adapters to help it deliver on its performance and connectivity promises. As with the majority of our Design Wins, we expect that initial orders from this customer will be followed by a ramp up period until they reach mass production levels. In general, the process of securing the Design Win itself helps us build a close relationship with our customer which expands over time, leading naturally to repeat orders and to an expanded use of our products in more of their solutions. In fact, the 30+ Design Wins that we accumulated over the past two years were the primary drivers of the record revenues and profits that we posted throughout 2005."

Mr. Orbach continued, "To take full advantage of our growing market recognition, we continue working to build our penetration of the Security Appliances market, as well as additional high-growth segments including Network Acceleration, Load Balancing and others. With over 100 potential customers in the pipeline, we believe we are favorably positioned for long term growth."

Note regarding the RoHS Directive: The RoHS (Reduction Of Hazardous Substances) Directive of the European Union (EU) (commonly called the "Lead Free Law") sets maximum concentration limits on hazardous materials used in electrical and electronic equipment. Implementation of the RoHS Directive is required in all EU countries by July 1, 2006, and many states within the U.S. have adopted or are considering adoption of similar laws. Silicom is among the first companies world wide offering RoHS Compliant multi port and bypass server adapters.

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance network connectivity solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet server adapters and innovative BYPASS adapters designed to increase throughput and availability of security appliances and other mission-critical gateway applications. Silicom also offers a broad range of customizable PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

http://biz.yahoo.com/bw/060227/20060227005496.html?.v=1

Dubi

[midastouch017]

Hi Ddbl,

An article for you,

(#msg-9898267)

Regards,

Dubi

[midastouch017]

Hi Ddbl,

<Is Silicom hiring to meet demand?>

I'll go over weekends papers to check.

< Red grapefruit link >

I suggest you keep a close watch on
Health-Food board (#board-4493).
One never knows, but if healthful foods
can do the job instead of drugs, even if
only sometimes and in part, it is still
a great benefit.

Gesundheit,

Dubi

[ddbl_our_buck]

thanks, dubi-man. Interesting news recently.

Is Silicom hiring to meet demand? If you know.
Why are we trading at a 30 PE? imo, we can support a 45, so the SP has to rise. Q1 should have recent news REV included in report, no?

OT: thanks for the Red grapefruit link :^)
sent it ofto Dad in Orlando, where they are abundant!

ddbl

[midastouch017]

Hi Ddbl,

Have you ever watched BVRSF ? I suggest you do,
(#board-1577).

A once very troubled company, now perhaps on a verge
of breakout.

Regards

Dubi

[ddbl_our_buck]

how prophetic, except we closed unchanged! From a call I made at 1:30 or so, when we were trading at 10 and headed lower. Seems to be more buyers than sellers, as I headed to work.
GLTA,
ddbl

[ddbl_our_buck]

I say we rocket higher toward the close and end up a nickel!
We shall see,

roll away,,,ddbl

[midastouch017]

Hi Ddbl,

The reasons i am now in are specified on the RITT board.
Indeed no news, and it seems some 'positive' report/analysis
was issued.

SILC in TASE following suit.

Enjoy your weekend,

Dubi

[ddbl_our_buck]

good evening, dubi.. [RITT]
I mentioned RITT to you, a few posts ago. Nah, I'll pass..
I mentioned someone had it as a "no brainer", and that turned me off. I listened to the CEO last qqtr, CC and was impressed, but the Poland deal was the carrier news of the day/year and "carried" limited weight. Don't like the 3 yr chart either. Good luck on this one. Why the volume AH? Back to where I started DD, I see no news.

oh yeah,
GO Silicom!

Zzzzzzooooooooom!

[midastouch017]

Hi Ddbl,

Great company.
Have you noticed RITT ?
(#msg-9671383)

Regards,

Dubi

[ddbl_our_buck]

repeat of November 05?
go Silicom!

http://stockcharts.com/def/servlet/SC.web?c=silc,uu[h,a]daclyyay[db][ph.02,.20!d20,2][vc60][iUb14!La...

GLTA,
ddbl

[ddbl_our_buck]

short squeeze today? Just a thought, on heavy, heavy ,heavy, heavy heavy, heavy, volume..

ahhhh..

http://stockcharts.com/def/servlet/SC.web?c=silc,uu[h,a]daclyyay[db][ph.02,.20!d20,2][vc60][iUb14!La...

Mr Charlie told me so,

Go Silicom!
ddbl

[ddbl_our_buck]

what, no posts? C'mon....

: )

http://stockcharts.com/def/servlet/SC.web?c=silc,uu[h,a]daclyyay[db][ph.02,.20!d20,2][vc60][iUb14!La...

let the music play,
ddbl

[ddbl_our_buck]

oh yeah,
we suppported a higher multiple (45) BEFORE earnings; 28 - seems contraction has created room to advance, imjo./
Also, EOY 05 ~ $8.64

let the music play!
ddbl

[ddbl_our_buck]

Today is a very important trading day, imjo, for Silicom. Earnings behind us, new Design win yesterday and chart ready again for a breakout to 10+/- some. We have to close higher today. Volume has increased to avg 100K for 6 weeks, a bullish sign. If we continue, we will see a 50% uptick from the shorts! I mean, in a printers' terms, a .25 increase in sh pr, will actually reflect a .375 jump and the "increase" will be overdone, by the shorts. There are only under 3 mil in the float! If we get to 10+ soon, I am taking 1/2 off. We should hit 10 within 1 1/2 month, then retrace to 8.50 - 8.80
golly, I hope I'm right at the right time :)

could I be worried about us getting "too" big?
I was hoping for some sort of forward spilt 3:2, say..can't do a buyback!
Expenses must be growing, along with Design wins.

put on the specs, all ya.
ddbl

Silicom, Ltd. (SILC) engages in the design, manufacture, and marketing of network connectivity solutions. Its products serves as communication gateways, which enable portable computers to access information and resources found on local area networks (LANs) and wide area networks (WANs). The company's products include high-end server networking cards for server networking industry, which allows servers to communicate with each other; high-end networking bypass cards, server networking cards with bypass feature; connectivity solutions, which enable portable computers to communicate with LANs and WANs; and broadband Internet access. It distributes products through a network of strategic relationships with original equipment manufacturers, installers, and integrators in the computer industry. The company was co-founded by Avi Eizenman, Yehuda Zisapel, and Zohar Zisapel in 1987. Silicom is based in Kfar Sava, Israel. With 4.28 million shares outstanding and 2,160 shares declared short as of January 10th, there is a failure to deliver in shares of SILC.


http://stockcharts.com/def/servlet/SC.web?c=SILC,uu[h,a]daclyyay[db][ph.02,.20!d20,2][vc60][iUb14!La...

[midastouch017]

New design win for Silicom

A major traffic management/load balancing appliance manufacturer will make Silicom's reduction of hazardous substances (RoHS)-compliant Gigabit Ethernet adapters part of its standard equipment.

Globes correspondent 6 Feb 06 15:44

Silicom Ltd. (Nasdaq: SILCF) today announced that a major US based developer and manufacturer of traffic management and load balancing appliances has selected its reduction of hazardous substances (RoHS)-compliant Gigabit Ethernet adapters and has already placed production orders for such adapters. Silicom's advanced adapters will be used as standard equipment in the customer's intelligent appliances. No value was disclosed and the customer was not named.
Silicom president and CEO Shaike Orbach said, "We are proud that our products are now being used in another very important market segment - the market of load balancing and traffic management appliances - and that they meet the exacting standards of a recognized leader of this fast-growing industry. This new design win is a milestone that marks our increased penetration to this new market segment."

The RoHS Directive of the European Union (EU) (commonly called the "Lead Free Law") sets maximum concentration limits on hazardous materials used in electrical and electronic equipment. Implementation of the RoHS Directive is required in all EU countries by July 1, 2006, and many states within the U.S. have adopted or are considering adoption of similar laws.

Silicom stated that it is among the first companies world wide offering RoHS-compliant multi port and bypass server adapters.

Published by Globes [online], Israel business news - www.globes.co.il - on Monday, February 06, 2006

Dubi

[midastouch017]

Re :RADI,

Bought into it myself, albeit 1 cent more
expensive than you.

:)

Regards,

Dubi

[midastouch017]

Ddbl,

<Never did my swop outta CTCH for SILC at 7 and teenies>

One can never catch 100 % of peaks
:(

<you still likwe Commtouch?>

Yep, and i still am of the strong opinion it will zoom up
taken by surprise.

RADI indeed represents a good opportunity, as is ATTU
with its (relative) new management.They will make it,
and for that reason i have invested into it, and introduced
it on my GemOrJam board.

See you around,
Regards & Blessings

Dubi

[ddbl_our_buck]

nice, dubi. thanks. I was in/out of MNDO last year before the drop off, thank goodness.. small prof/t I still like it, but growth is, I thought, waning...
The article is very interesting. I sure appreciate learning Israeli stocks..

Back in RADI today 1.13

you see the move on RITT, the "sure thing"? grrrr..
RAD group stock I liked under 2.20/... grrrrr.

me thinks 200 CRNT are next for me. Never did my swop outta CTCH for SILC at 7 and teenies.. grrr...you still likwe Commtouch?

Is Soros still in ATTU? I don't like this guys face at all

I also remember MTSL from 02,..I stuck with Silicom at the time.

God love ya, dubi,
ddbl

[midastouch017]

Wed: If Silicom can
Companies such as MindCTI have every chance of emulating Silicom's stock market success.

Shlomo Greenberg

What makes an investment successful? What causes shares to rise the way Orckit Communications Ltd. (Nasdaq:ORCT; TASE:ORCT) and Silicom Ltd. (Nasdaq:SILC) have done? After all, the trio of Mind CTI Ltd. (Nasdaq: MNDO; TASE:MNDO), Eltek Ltd. (Nasdaq: ELTK), and Top Image Systems Ltd. (Nasdaq: TISA) have raised sales and become profitable the same way the other two did. Not on the scale of Orckit, it’s true, but definitely on the scale of Silicom.
On Monday, Silicom published its financial report for the fourth quarter of 2005 and the year as a whole. The results were astonishing, compared with the past, and with investors’ expectations at the low point in 2002. Silicom’s share justifiably rose 15% to give a market cap of $33 million. This small Kfar Saba-based company’s success in emerging from a crisis that threatened its very existence and turning into an apparently thriving business is amazing.

If Silicom is compared with the other shares mentioned above, the question arises, why haven’t they risen in the same way? Please understand, I’m not surprised that Silicom rose to a price better reflecting its value. I’m surprised that the others have not.

Mind CTI, for example, started out at $0.89 per share in October 2002, and is now worth $3.30. The company posted a profit of $330,000 on $10.8 million revenue in 2002, a profit of $3.6 million on $13 million revenue in 2003, and a net profit of $6.8 million on $17.8 million revenue in 2004. In 2005, it is expected to post a large profit on over $20 million.

True, Mind CTI’s profits and sales for the third quarter fell slightly, compared with the second, but that was corrected in the fourth quarter, at least according to the company’s guidance. How much is Mind CTI worth today on Wall Street? $71 million, including $41 million cash at the end of the third quarter (after acquiring US company Sentori Inc. for $5.1 million in cash).

In other words, the market cap for Mind CTI’s business is $30 million for a company with a net profit of $7 million. Why does this happen? After all, it is unimaginable that someone wanting to acquire this company would pay $71 million for it. That number might be alright on Wall Street, but not on Main Street.

Why do I expect Mind CTI’s share to do something like Silicom’s did? Because Mind CTI emerged from crisis with a lot of cash, and it’s in a business that has started to gather pace. Moreover, the company has begun to distribute dividends. But that's life. Silicom's stock market performance outdid Mind's in early 2006, and by a wide margin. Remember, in October 2002 Silicom was considered a corpse: no money, no product that we knew about, no market, and with nothing to interest the serious investor. I bought the share at the time, because I reckoned I couldn't lose much at $0.20 or $0.30 a share. If the technology exists, and management knows what it’s doing, the risk at that price is pretty small.

So what should one do in 2006? In terms of economic value, all the shares I’ve mentioned are in more or less the same situation. Let’s look at MER Telemanagement Solutions Ltd. (Nasdaq: MTSL), and see what it has to offer. The company has a lot of customers, a long history of technological development and accumulated know-how, and it’s under new management.

What is happening here resembles what happened to Attunity (Nasdaq: ATTU), Mind CTI, Top Image, BOS Better Online Solutions Ltd. (Nasdaq: BOSC; TASE:BOSC) and others companies that survived the crisis of 2001-02. They survived with enough strength to go on and find their places in their respective niches. All their niches are huge, so a large part of the companies’ potential depends on the current state of their management. The most interesting thing here is that even Silicom, which has provided a large percentage return since 2002, is still far from fulfilling its potential. Silicom, like the others, depends entirely on its management to lead it in 2006 the same way it led the company in 2004 and 2005.

What is the conclusion? There is no point in selling any of these shares at the moment, because nothing real has happened since October 2002, and if anything did, it was only for the better. Nevertheless, anyone who bought shares in the likes of Orckit, Aladdin Knowledge Systems Ltd. (Nasdaq: ALDN; TASE: ALDN) or Silicom in 2002, and has not yet sold some of them, either has nerves of steel or is an irredeemable optimist.

I now own about half the Silicom shares I held in 2002, despite my considered view that this company is only at the starting gate. Anyone who understood this logic could be a licensed investment advisor.

Published by Globes [online], Israel business news - www.globes.co.il - on February 1, 2006

http://www.globes.co.il/serveen/globes/docview.asp?did=1000057046&fid=1052

Dubi

[midastouch017]

Great market reaction & appreciation

Dubi

[midastouch017]

Silicom Reports Record Q4 and 2005 Results: Best-Ever Quarter and Best-Ever Year

Monday January 30, 9:31 am ET


KFAR SAVA, Israel--(BUSINESS WIRE)--Jan. 30, 2006--Silicom Ltd. (NASDAQ and TASE: SILC):
After Rising for 8th Consecutive Quarters, Revenues Reach $3.1M for Q4 & $10.9M for 2005
4th Profitable Quarter in a Row Yields Record $0.11 EPS for Q4, $0.30 EPS for 2005
Silicom Ltd. (NASDAQ and TASE: SILC) today reported record financial results for the fourth quarter and year ended December 31, 2005.

Revenues for the fourth quarter of 2005 were $3,126,000, an increase of 98% compared with $1,581,000 for the fourth quarter of 2004, and an increase of 10% compared with $2,832,000 for the third quarter of 2005. These are the highest quarterly revenues in Silicom's history and the Company's eighth consecutive quarter of rising revenues.

Net income for the quarter was $473,000, or $0.11 per share (basic and diluted), a new record for the Company, compared with a net loss of ($87,000), or ($0.02) per share for the fourth quarter of 2004.

Revenues for the year ended December 31, 2005 rose to an all-time high of $10,876,000, an increase of 139% compared with $4,559,000 for 2004. The Company's net income from the year's four profitable quarters was $1,322,000, or $0.30 per diluted share, compared to a net loss of ($1,240,000), or ($0.30) per diluted share for 2004.

Commenting on the results, Shaike Orbach, President and CEO, said, "We are proud to report the best quarter in our history, a strong end for a successful 2005 with four quarters of rising revenues and profits. For the first time ever, our yearly sales have crossed the $10 million milestone and we have posted a 12% net margin.

"These satisfying results demonstrate the quantum leap forward that Silicom achieved in 2005. Throughout the year, our momentum intensified, with early customers ramping up their order volumes significantly and a growing number of new customers giving us new significant Design Wins, such as the two Design Wins with Fortune 100 companies announced during the fourth quarter alone. Now, with more than 30 Design Wins and more than 100 potential customers in the pipe line, we have established presence in the security, storage, load balancing, traffic management and other industries and are positioned to benefit from their growth."

Mr. Orbach continued, "In light of increased Israeli interest in our share, we have recently dual-listed the Company on the Tel Aviv Stock Exchange, a move we hope will expand our liquidity and trading volumes. In addition, we have recently completed an oversubscribed public offering of shares and options, raising approximately $6 million dollars. We are gratified by this vote of confidence and pledge to continue working to build the Company and shareholder value."

Silicom Ltd. is an industry-leading provider of high-performance server/appliances networking solutions. The Company's flagship products include a variety of multi-port Gigabit Ethernet, copper and fiber-optic, server adapters and innovative BYPASS adapters designed to increase throughput and availability of server-based systems, security appliances and other mission-critical gateway applications. Silicom also offers a broad range of its traditional PC Cards, PCI cards and USB products. For more information, please visit: www.silicom.co.il.

http://biz.yahoo.com/bw/060130/20060130005635.html?.v=1

Dubi

[midastouch017]

Hi Ddbl,

Usually i respond in a Jiffy.
Today i was dragged to some
errands i usually try to avoid.
:(

Regards

Dubi