Tuesday, April 10, 2007
Position Updates: DIVX
DIVX is not done going higher. As growth slows amongst other tech names, like STX and RACK, I suspect investors will bid up the stocks of companies with sustainable growth and momentum.
DIVX fits the bill and will continue to blow away numbers, as demand for video compression explodes.
Soon enough, DIVX will be in mobile phones, T.V.'s and all sorts of portable devices.
Ultimately, I believe the company will be acquired. For now, stick with this name, hatfuckers.
DIVX fits the bill and will continue to blow away numbers, as demand for video compression explodes.
Soon enough, DIVX will be in mobile phones, T.V.'s and all sorts of portable devices.
Ultimately, I believe the company will be acquired. For now, stick with this name, hatfuckers.