Verigy engages in the design, development, manufacture, and sale of semiconductor test systems and solutions used in the production of semiconductor devices in the United States, Singapore, and Japan. Headquarters are in Singapore but releases news from Cupertino, California an old Hewlett Packard building. Verigy spun off from Agilent on 6/13/06 at $15 per share. Agilent was a 1999 HP spin off.

Last week I wrote to my subscribers of Verigy:

“With Verigy’s great valuation and expectations for the future look great, I expect we’ll continue to see big gains in Verigy as others learn of its great value. If they simply meet expectations for 2008 of $1,82 a share and get a PE of 15, then we should see $27. Given the growth rate is 50%... it should see $50 just to have a PEG of 1.0…. It seems so obviously under valued to me I often wonder what I am missing. Of course, this is what I said when I bought CACS at 46¢ and 96¢ for the newsletter portfolio back in 2002 and 2003. Sometimes the market really misses these small companies.”

Today, Verigy has rewarded our patience.

Click http://xrl.us... for information on ‘Kirk’s Investment Newsletter’
Use http://xrl.us... to register and view all articles here at KirksMarketThoughts

DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.