Actions Semiconductor Co. (ACTS)

[fcpgalltheway]

Even though there has been no feed back by anyone on the issue of this company extensive cash and security assets, as far as I am concerned this stock at the $3 level has already doubled from the level it was in 6 months ago!

Unless that cash is used properly I don't see any further move upward in the PPS! I certainly hope that a new relationship with another company develops soon so that those idle funds can be used to produce more sales and profits--remember that this company has close to 500 million shares outstanding and that when you calculate the value per share you have to devide the PPS as quoted by 6!! Right now the number stands at about 50 cents per share--that would be the quoted price that you would see if this stock was not quoted as it is now as a "6-share bundled" ADR!