Our current #1 position reports tomorrow AM; usually my methodology is to cut back on all positions ahead of earnings but due to the severe undervaluation in this name, I am keeping my entire stake going into the cattle call tomorrow. I'm not sure if this quarter will be "the one" or it will happen next quarter, but the current $3.14 EPS 2008 analyst estimate I find to be completely beatable, in fact by a large margin. I am hoping guidance tomorrow better reflects that. But even at the "$3.14" we have a forward P/E ratio of under 15 for a company growing well over 100% this year, and should be able to grow >50% for the next few years. At the $4.00 or so I believe it can achieve this year in EPS its trading under 12.Most peers trade at forward P/e ...

Passing this along Masters from NotableCalls: Morgan Stanley reiterates overweight for China Digital TV (NYSE:STV) noting that the stock stock price dropped 10%+ post its 1Q08 result – a market overreaction in firm's view. They see CDTV as a ‘proxy’ for China’s digital cable TV market, one of the fastest-growing consumer sectors in China (digital cable TV homes in China may grow at a 5-year CAGR of 45% from 2007-2012). Notably, some rivals offer smart cards at only half of CDTV’s price. ...