This semiconductor company has a very low PE (12). Most semis are atleast at a 20 PE. Earnings year over year, for the past 3 years have been greater than 100%. ONNN's PE is lower than 88% of all other semis but its EPS growth rate is greater than 98% of its peers!!! This is a definite short term strong buy. Also a long term buy as long as it can continue this performance. Earnings over the past 3 years are -.49 in '03, +.16 in '04, +.29 in '05!!! Estimates for this year are +.71 but it has already earned +.55 and next year's extremely conservative estimates of +.79 is a gross understatement. Why would ONNN go from 100% for the past 3 years to 0% in the next? It won't. Do your own research but look deep. Good luck.
$7.51 (01/06/07)
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Disagree
