Posted
May 01 2008, 09:55 PM
by
Dave Dispennette
The Playbook 100
PSEM @ $17.18 (Pericom Semiconductor) designs analog, digital and mixed-signal IC's and frequency clocks for telecom, computer and consumer electronics industries. Revenues have accelerated 25%, 32% and 36% during the last three quarters. Earnings have grown 150%, 100% and 60% during the same time frame an dare expected to increase 97% this year and another 27% in 2009 to 0.80 cents a share. We are establishing half a position here and will add the remaining half on a pull back to $15. Our stop loss will be set at $13.75.
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