What do you think about AMBA now, a year after this discussion? Has continued to go up, but has pulled back sharply lately.
Hi Takahashi,
I discussed my thoughts about AMBA’s price in my post yesterday called “My portfolio at the end of three quarters”, which will give you my thoughts on it. There are also some people who are worried about potential competition from Qualcomm as a possible cause for the price decline.
By the way, going back to the article you are referencing, at the time that that author was telling you to get out of AMBA the price was $39.73. As it subsequently got to $126 or so in less than a year (which was 317% of his exit price), I wouldn’t give him too much credence.
Saul