On 11/5/09 PSEM reported earning:
Link: http://finance.yahoo.com/news/Pericom-Se...

Comparison between PSEM & GSIT for Sep 09 qtr ***
********EPS*******Gross margin****stock price 11/5
PSEM**** 0.05 **** 32.0% ********* 10.20 *********
GSIT**** 0.09 **** 44.4% ********* 3.27 *********

Comparison next qtr (Dec 09) PSEM & GSIT *******
********EPS*******Gross margin
PSEM**** 0.02 **** 33.3%
GSIT**** 0.07 **** 41.0%

GSIT performance is much better than PSEM in EPS & GM, except GSIT stock price is 1/3 of PSEM.

Why PSEM stock price is > $10 ?

It hires a good PR firm to release a lot of good PR news.

GSIT is really undervalued.