T.ATY - Holding steadyI am just amazed how many shares just keep coming out at these levels. Thanks as I keep accumulating, this stock will fly this year.
Why do you think ATY put out those press releases concerning Set top boxes and involvement with Microsoft ? That is because something is up. Set top boxes and home appliances are the wave of the future whether they be cable or wireless. Who do you think will be building all the chips for home appliances , yes that will be ATY as well. They are the leaders in the graphic industry.
There is some major buying coming in at these levels. The way I figure it some major institutions are buying in cheap before they put out strong buy recomendations. We know there is at least one US anlayst (Dillon ) supporting ATY , more will come .
This stock is trading with a P/E under 20 , and wireless stocks are getting P/E's of 500-1000. One major difference ATY is making money and has NO DEBT.
As you can tell I am long on ATY.
Check out T.CTY for another amazing value play in the tech industry just getting on the radar screens.