Icron Technologies (IT:TSX.V)

topic posted Thu, March 24, 2005 - 2:39 PM by  Dave
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This little one is just coming on the radar screen of many sophisticated investors. Just setup an advisor board with two big players. Good insider position. Just did a PP almost entirely all insiders. Looking to sign a royalty licensing deal with one of the big chip manufacturers for Ultra wide band wireless USB...They have the patents locked down, other have tried but nobody else can do it.

Chip manufactures (i.e. Motorola/free scale) want to get wireless USB with everything (camera phones, printers, camcorders etc) and need this technology to make it work. No more wires.

Imagine just .05 royalty per chip times 1 billion chipsets produced per year.

One would speculate that Icron would get taken out at atleast a few times revenues. ~11M shares. you do the math.

I like this one and accumulated in the low 0.30 and am buying on the way up.

D
posted by:
Dave
Canada
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