Smallcap,
Interesting, I had just referred to SANM in my post moments prior to your post. We are thinking on the same wavelength this morning.

SANM recovered my portfolio from the recession and then some. I threw the kitchen sink at it when it was in the .20s (pre-split). I sold out completely at an average of the mid 7s, I guess, (post split). I started selling lower than that but sold higher than that too up to near $9 such that I got out in the mid 7s.

Anyway, I bought some (on a much lower scale....won't throw the kitchen sink at it again) back today following the report yesterday. Cash per share is now near $12....the company is forecasting nonGAAP profitability next quarter (sooner than expected), and all debt is settled until 2013.

I believe SANM will climb into the teens now without too much resistance.

Take care, pal.

Hopeful