Today I am adding to the portfolio a relatively risky share, of Quicklogic (QUIK), which I became aware of in recent months on the very professional forum of George Gilder. In addition to the forum, I was very impressed by the words of the new CEO of Quicklogic, Andrew Pease, at the Needham conference. I believe that if it succeeds with its new products, the company can grow to be a giant compared to its current size, a value of around $200 million.
The mobile online world is based almost entirely on video content. Therefore, companies that will succeed in providing solutions for optimal viewing quality on the big screens of iPhones, iPads, and the like, while using the least amount of battery power, will win big. Quicklogic has these solutions, which already this year should yield significant sales. Toward that end, the company is reportedly collaborating with Qualcomm (QCOM) on bringing the solutions to market.
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