Cyberspace just swallowed a lengthy response, I'll try and recap. First CY ownership, you may want to check that number, I think the total cap of NVEC is about 4 MM shares, and the majority owner is a VC firm. Maybe these numbers are pre the five for one split NVEC had last year. As for reduction in R&D, according to their 10Q, they have completed two major product development efforts and have just launched these two commercial products (NVEC used to be a "research company" doing a lot of SBIR contract research in the field of GMR, sensors and replacement of optical isolators). In the last quarters (and most of the few quarters before) their "commercial products" sales were barely half a million, in the last quarter this doubled to about $1.1 MM. The reduction of "declared" R&D is simply a reflection of the termination of these developments and reallocation of R&D personnel to Gov contracts, which increased a little in the last quarter. While I think that the spark that ignited the run was the Forbes (mostly hype I would presume, I did not read it) article, this company has managed their business near the breakeven point and if these new products get traction (and apparently they have done a lot of the necessary footwork to position these two lines), earnings could grow rapidly. Supposedly, both CY and MOT should have sampling of their first MRAM devices within the next 12 to 18 months, if that is true, more hype could easily be forthcoming, and the current outrageous $130 MM market cap could rapidly grow and dwarf the $280 MM market cap of the like of GRON, the $400 MM cap of DNDN, the $300 MM cap of VLNC and the $170 MM or so cap of WAVX. of course, for that to happen, a friendly, erubescent, ebullient and exuberant stock market would be helpful.
AI
Market Data 
Markets 
