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StockIceMan's Weekly Stock Pick
Week of April 16, 2007



Benefiting the
Cystic Fibrosis Foundation

http://www.axcelis.com/

Stock: Himax Technologies, Inc.
Ticker Symbol: HIMX - Nasdaq - Semiconductors
Buy: 5.25 to 5.75
Sell: 8.00
Info: Himax Technologies, Inc. engages in the design, development, and marketing of semiconductors that are used as components of flat panel displays. Its principal products include display drivers for large-sized TFT-LCD panels, which are used in desktop monitors, notebook computers, and televisions; and display drivers for small- and medium-sized TFT-LCD panels, which are used in mobile handsets and consumer electronics products, such as digital cameras, mobile gaming devices, and car navigation displays. In addition, the company�s product offering includes LCD TV chipset solutions and LCOS microdisplays. Himax Technologies was founded in 2001 and is headquartered in Tainan, Taiwan with regional offices in Hsinchu and Taipei, Taiwan; Suzhou and Shenzhen, China; Yokohama, Japan; and Anyangsi Kyungkido, South Korea
Financial Info: For the fiscal year ended 12/31/2006, revenues rose 38% to $744.5 million. Net income rose 23% to $75.4 million.
Key Ratios: Current Ratio: 2.991, Total Debt/Equity: N/A, Trailing P/E: 14.72x, Forward P/E: 10.25x,  Price/Book: 3.13, Price/Sales: 1.53
Share Info: There are 198.15 million shares outstanding with 116.49 million shares in the trading float. Institutions own approximately 20.50% of the shares outstanding. There have been no insider purchases or sales totaling in the last six months. Real-Time SEC Filings

As of 3/12/2007, there were 237,040 shares short.

Net Institutional Selling: 7.16 million shares prior to latest quarter.
Articles: Chips Snap- Techwell Down, Himax Up

 
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