from StreetInsider.com:
>>Capstone analyst says, "In our May 7th IMMR note, we highlighted limited catalysts following 1Q10 earnings report. Beyond our near-term concerns we believe several longer-term opportunities remain as catalysts; LCD integration, additional haptic licensee/potential litigation, CY/ATML/Renesas integration or new Piezo based products which will likely offer higher ASPs. However, many of these opportunities don't likely impact model until FY11 or beyond. Given significant rise in shares of IMMR, and forecasted limited near-term catalysts, we believe investors should "take a breather" and look for lower levels to build longer-term positions."
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Wednesday, August 4, 2010
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