- OIIM is in a slump and has been for quite some time, but the prospect of a possible buyout has injected new life into the stock.
- OIIM trades at very low multiples, partly due to shrinking sales and profits, but they may be too low, especially if growth comes back in the second half.
- The trend does not look encouraging, but recent chart patterns suggest the stock has found support, which could enable a reversal.
- There may or may not be a deal for OIIM, but long OIIM is worth backing when the company is valued at an enterprise value of just $41M.
For further details see:
O2Micro International Is Worth It With Or Without A Deal