Growth, Cash, no debt & a P/E of 10I listened to the call. This is a great business with no debt, strong free cash flow and a real, true growth business supplying MSO's with digital conversion technology (their Terrace line is the market leader for this application), and cable operators must convert to digital. It sounds like they are awaiting the Comcast-AT&T Cable merger - it's been a year tomorrow since that began - to complete, if it gets approval, but they will get the business merged or unmerged. Revenues and earnings will continue to be terrific with "lumpiness" - due to the large order/installation nature of their business - a great long-term hold with a very reasonable P/E of 10.