O2Micro International Ltd. (OIIM)

[DollarsOnPennies]

02Micro International (OIIM) does the LED lighting in the iPad. The more iPads Apple sells, the better 02Micro will do. The main thing is, 02Mirco is much smaller than Apple. So even selling a few million iPads makes an enormous difference in its ultimate revenues and profits. And the company trades as if it were a virtual bankruptcy. It trades for only two times cash. For more on 02Micro, Cody Willard had an excellent article on it over at Marketwatch.