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NukeJohn

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NukeJohn

Re: None

Friday, 06/29/2012 11:32:34 PM

Friday, June 29, 2012 11:32:34 PM

Post# of 117
Tessera has quietly risen from a close 12.77 on June 1st, to a close of 15.37 on June 29th. While I think the stock has a lot more upside, I wouldn't be surprised to see it take a breather before it makes another run on $20.

One negative is that they said late last year and earlier this year that they would announce a Tier 1 design win for their new mobile phone camera module (with MEMS technology) in the second quarter. Unless they do that over this weekend, it doesn't appear that they will meet this promise to investors.

JMHO,

NJ
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