Atheros Communications (ATHR) – 02-20-2008
You may not have heard of Atheros before, but chances are you’ve used their products. Got a Nintendo DS? You’ve supported ATHR. If you’ve ever struggled with finding wifi drivers for Linux you’ve probably noticed that lots of big name brands use ATHR chipsets too. With some solid financials and growth, this is a pretty interesting company. After releasing good numbers at the end of January, they took quite a dive for giving a flat outlook. The long term trend is still up though and the recent choppiness just adds to the long term consolidation. Couple that with the high short percentage and this stock has a lot of potential (one way or the other). Over 29.50 or under 24 could make interesting plays, so that’s where my alerts will go and we’ll see what it looks like when we get there.
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my friend was actually considering one of the founders for his advisor (the one with my name). maybe he should’ve gone with her and started working there–big bucks.