On August 8th I suggested that EZCH (Easychip) had been oversold by investors following a poor result and forecast. Shares have since risen 20% in3 weeks, supporting my thesis. A good time to take a profit on this one maybe, although I hear rumors they are about to make a big announcement of new products that may broaden their base of sales. No one seems to doubt that EZCH maangement is one of the industries best so any new products should help their bottom line.
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