OVTI: I have been spending considerable amount of time researching it. But I still don't have a very clear picture beyond year 2007 about the prospect of TrueFocus in the future, since very little is known about its possible competitors.
In today's presentation, Peter said there has been very strong customer interest. At this moment, I can only hope it will generate a similar level of revenue and excessive profit in 2008 and beyond.
If the future success of TrueFocus remains largely uncertain, why do I have confidence in holding it?
It is simply because I don't think OVTI needs TrueFocus to turn around. I have already explained the reasons here and there. Therefore, it is a high winning probability money for me to hold my leap calls here. When everyone else is assuming only TrueFocus can save OVTI from earning downtrend, I know it is not the case.
HNR: I have talked about it here and there, I am holding and waiting for the event to happen (just a matter of time if the management are not plain liars). Will sell out when it reaches my target of $20-22.
URGI: is a high growth stock at value price.It is the kind of pick Peter Lynch would like. I might be wrong, however I just like its story, balance sheet and operational trends. Will hold and wait for it to play out, and for the market eventually catch up with its value and growth.
USG: pure belief in Warren Buffett. If he is loading up truck in 46-47, I have no issue holding it here a bit below 50.
So, here we have value play(USG), asset play(HNR), turnaround and possible high-growth play(OVTI,URGI), event driven play(HNR) I think I will do well holding them in the long run.
Comments are welcomed.