Replies to post #1500 on Don't Bite The Hand That Feeds You

[BreakoutÎnvestments]

Solid pick IH

Here's some dd I did a month or so ago

Silicon Motion Technology Corp. (SIMO) is an innovative technology company that designs, develops, and markets high performance, low-power semiconductor solutions for the multimedia consumer electronics market. Their semiconductors are used in portable consumer electronics such as MP3 players, portable media players, DSCs, mobile phones, PDAs, and wireless home media centers.

The company has a 5-year Growth Estimate of 25%, $112.39M in Cash with only 1.82M in Debt, a $439M Market Cap, Forward P/E of just 5.35, and was recently featured as a “Top Growth Stock” by The Motley Fool. Earlier this year the company announced that it plans to buyback up to $40 million of its stock over the 12 month period beginning March 12, 2008.