3SOF

Hmm, the possible explanation for yesterday's 12.2% move on HAUP came out today, with forms 4 filed with the SEC showing two insiders bought 5,000 shares each at $3.6.

I wonder if somebody got the information yesterday and how. Perhaps the brokers saw who was buying and also bought some ... anyway, probably Q4 results or Q1 2008 results will be good, or else why would insiders buy? Well, it was just a $36,000 investment, not a big deal.

I wonder what Michael thinks of all this, he knows HAUP fairly well ...

HAUP WILL REPORT EARNINGS IN LESS THAN 3 WEEKS. EARNINGS WILL LIKELY SURPRISE THE STREET BECAUSE OF GREATER THAN EXPECT MIGRATION TO MSFT VISTA AND WEAK DOLLAR SINCE HAUP SELLS OVER 50% OUTSIDE THE US.

HAUP, the world's No. 1 designer/producer of digital and analog tuners for Apple and PC throughout the world announced on August 6, 2007 that it will buyback stock up to 1.2M shares.

HAUP is consistently profitable growing revenues and net income at double-digit rates for the last 4 years. HAUP is currently extremely undervalued trading at a P/E less than 10 and less than 0.5 times sales.

HAUP always explodes in the 2nd half of the years as TV/HDTV fans load up on HAUPs innovative and reliable tuners.

HAUP HIGHLIGHTS:

- Revenues of $60M for the first 6 months of 2007 compared to $51M in 2006

- Net Income of 35c/share first 6 moths of 2007 compared to 21c/share in 2006

- Market cap: $48M

- $1.1/share cash....ZERO debt

- 4.5M share float

- P/E about 9

- P/S less than 0.5

- Consistent double-digit profitable growth

- No dilution since 1997

- Leader in digital and analog PC tuners worldwide

HAUP has been enjoying consistent double digit revenue grow for several consecutive quarters. One reasons is that it is a global company and its financial performance does not depend on a particular region of the world.

HAUP's digital tuners are now integral part of many OEM products , and blue chips such as MSFT, AAPL, and DELL.

HAUP tuners are also integral part of ReplayTV and other consumer electronics offerings.

HAUP is one the pioneers of digital tuners and other digital technology and as such is a natural fit for today HDTV and PC society.

HAUP's USB TV tuners are compatible with Elgato's EyeTV software, bringing TV and PVR functionality to both Mac and Windows users.

EyeTV allows Hauppauge TV stick owners to watch as well as record TV on a Mac, browse the program guide, export video to iPods, drag-and-drop recording to playlists, and record one program while watching another recording with picture-in-picture.

ABOUT HAUP:

Hauppauge Digital, Inc. (NASDAQ:HAUP - News) is a leading developer and manufacturer of digital TV and data broadcast receiver products for personal computers. Through its Hauppauge Computer Works, Inc. and Hauppauge Digital Europe subsidiaries, the company designs and develops digital video boards for TV-in-a-window, digital video editing and video conferencing. The company is headquartered in Hauppauge, NY, with administrative offices in New York City, California, Singapore, Taiwan, Ireland and Luxembourg, with sales offices in Germany, London, Paris, The Netherlands, Sweden, Italy, Spain and Singapore

BIG EARNINGS COMING UP IN 2 WEEKS. RECORD YEARLY REVENUES and NET INCOME WILL BE ANNOUNCED. STOCK COULD DOUBLE

FASTER THAN EXPECTED MIGRATION TO MSFT VISTA, NEW MAC PRODUCTS, NEW AUDIO PRODUCTS, REPLAYTV DEAL, AND WEAK DOLLAR (HAUP SELLS OVER 50% OUTSIDE THE US) WILL BOOST THE TOP AND BOTTOM LINES IN 4Q 2007.


HAUP HIGHLIGHTS:

- 9-MO 2007 REVENUE $83M vs $75M in 9 MO 2006

- 9-MO NET INCOME 35c/SH vs 24c/SH IN 9 MO 2006

- MARKET CAP: $40M

- $1.5/SH CASH....ZERO DEBT

- 4.5M SHARE FLOAT

- 1.2M SHARE BUYBACK

- INSIDERS BOUGHT THIS WEEK

- 10 P/E

- 0.3 P/S

- Consistent double-digit profitable growth

- No dilution since 1997

- Leader in digital and analog PC tuners worldwide


HAUP always explodes in the 2nd half of the year as TV/HDTV fans load up on HAUPs innovative and reliable tuners.

HAUP is consistently profitable growing revenues and net income at double-digit rates for the last 4 years

HAUP has been enjoying consistent double digit revenue grow for several consecutive quarters. One reasons is that it is a global company and its financial performance does not depend on a particular region of the world.

HAUP's digital tuners are now integral part of many OEM products , and blue chips such as MSFT, AAPL, and DELL.

HAUP tuners are also integral part of ReplayTV and other consumer electronics offerings.

HAUP is one the pioneers of digital tuners and other digital technology and as such is a natural fit for today HDTV and PC society.

HAUP's USB TV tuners are compatible with Elgato's EyeTV software, bringing TV and PVR functionality to both Mac and Windows users.

EyeTV allows Hauppauge TV stick owners to watch as well as record TV on a Mac, browse the program guide, export video to iPods, drag-and-drop recording to playlists, and record one program while watching another recording with picture-in-picture.

ABOUT HAUP:

Hauppauge Digital, Inc. (NASDAQ:HAUP - News) is a leading developer and manufacturer of digital TV and data broadcast receiver products for personal computers. Through its Hauppauge Computer Works, Inc. and Hauppauge Digital Europe subsidiaries, the company designs and develops digital video boards for TV-in-a-window, digital video editing and video conferencing. The company is headquartered in Hauppauge, NY, with administrative offices in New York City, California, Singapore, Taiwan, Ireland and Luxembourg, with sales offices in Germany, London, Paris, The Netherlands, Sweden, Italy, Spain and Singapore

HAUP IS MOVING UP.....KEEP AN EYE ON IT

HAUP WILL REPORT RECORD EARNINGS NEXT WEEK AND LAUNCH SEVERAL NEW PRODUCTS AT THE CES SHOW NEXT MONTH.

HAUP ALWAYS RALLIES BETWEEN NOVEMBER and FEBRUARY (SEE CHART).

HAUP's SALES OVER 50% OF ITS PRODUCTS OVERSEAS.....HUGE IN CHINA/ASIA.....WEAK DOLLAR WILL HELP EARNINGS....STRONG VISTA ADOPTION WILL HELP TOO

35C/SH NET INCOME FIRST 9 MO OF 2007.....$1.5/SHARE CASH ...ZERO DEBT...4.5M SHARE FLOAT....P/E of 10 ...P/S LESS THAN 0.3

1.2M SHARE BUYBACK PROGRAM.....NEW PRODUCT(S) RELEASE JUST AHEAD PER COMPANY. HAUP USUALLY RELEASES BLOCKBUSTER PRODUCTS AT THE CES SHOW NEXT MONTH.

TARGET:$8 IN FEB 2008


HAUP HIGHLIGHTS:

- Record revenues of $84M for the first 9 months of 2007 compared to $75M in 2006

- Record net income of 35c/share first 6 moths of 2007 compared to 25c/share in 2006

- Market cap: $38M

- $1.3/share cash....up from $1.1/share last year

- ZERO debt

- 4.5M share float

- P/E about 9

- P/S less than 0.4

- Consistent double-digit profitable growth

- No dilution since 1997

- Leader in digital and analog PC tuners worldwide

HAUP's digital tuners are now integral part of many OEM products , and blue chips such as MSFT, AAPL, and DELL.

HAUP tuners are also integral part of ReplayTV and other consumer electronics offerings.

HAUP is one the pioneers of digital tuners and other digital technology and as such is a natural fit for today HDTV and PC society.

HAUP's USB TV tuners are compatible with Elgato's EyeTV software, bringing TV and PVR functionality to both Mac and Windows users.

EyeTV allows Hauppauge TV stick owners to watch as well as record TV on a Mac, browse the program guide, export video to iPods, drag-and-drop recording to playlists, and record one program while watching another recording with picture-in-picture.

ABOUT HAUP:


Hauppauge Digital, Inc. (NASDAQ:HAUP - News) is a leading developer and manufacturer of digital TV and data broadcast receiver products for personal computers. Through its Hauppauge Computer Works, Inc. and Hauppauge Digital Europe subsidiaries, the company designs and develops digital video boards for TV-in-a-window, digital video editing and video conferencing. The company is headquartered in Hauppauge, NY, with administrative offices in New York City, California, Singapore, Taiwan, Ireland and Luxembourg, with sales offices in Germany, London, Paris, The Netherlands, Sweden, Italy, Spain and Singapore.

from fous TTT:
HAUP made an impressive move from a technical standpoint today up over 17% on heavily increased volume to breakout from a double bottom pattern in the face of the bear making it appear that this stock is back in favor of the bulls. HAUP reported an increase of 58% in net income over fy 06 with .39 eps excluding tax deference and fully diluted compared to .24eps in 06′. HAUP has been growing at a substantial rate as the previous year of 05′ they reported just .14eps fully diluted. HAUP also stated that they have purchased 142k shares on the open market in the third and fourth quarter as part of a stock repurchase plan.

At the current price of 4.96 HAUP is undervalued as its trading below the Computer Peripherals industry average P/E of 21x earnings while HAUP is at a low 13.4x earnings giving them a current fair value around $8/share. As HAUPS earnings grew 71% in 06′ and 58% in 07′, I think we could conservatively say that HAUP will be able to grow at least 40% into 2008 which would give them an estimated .51 eps for 2008 or a very attractive forward P/E ratio of 9.72x compared to the 21.7x average multiple. Given this information we could give HAUP a future fair value within its industry around $11.06/share which entail upside potential of 123% given todays closing price.

Overall HAUP looks like its in a position  to make a continuation on the long side with multiple aspects for speculation including a bullish breakout, positive growing fundamentals, low valuation, and a stock repurchase program. I want to be long

http://**********.net/forum/index.php?topic=879.msg5533;boardseen#new

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Hauppauge Digital Reports Fiscal 2007 Fourth Quarter and Year End Results
Thursday , December 27, 2007 09:14ET

HAUPPAUGE, N.Y., Dec 27, 2007 (BUSINESS WIRE) -- Hauppauge Digital, Inc. (NASDAQ: HAUP), a leading developer of digital video TV and data broadcast receiver products for personal computers, today reported financial results for the fourth fiscal quarter and year ended September 30, 2007.

FOURTH QUARTER RESULTS

Net sales in the quarter increased 24%, from $22.2 million for the previous year's fourth fiscal quarter to $27.5 million for the fourth fiscal quarter of 2007.

Fiscal 2007 fourth quarter net income was $1,644,263, including a tax benefit of $1,490,689 due to a reduction in the deferred tax asset valuation allowance. Excluding the reduction in the deferred tax asset valuation allowance, the Company recorded net income of $153,574 for the fourth quarter of fiscal 2007, compared to net income of $50,920 for the fourth quarter of fiscal 2006, an increase of approximately 202%. Net income per share for the fourth quarter of fiscal 2007, including the reduction in the deferred tax asset valuation allowance, was $0.17 and $0.16 on a basic and diluted basis. Net income per share, excluding the reduction in the deferred tax asset valuation allowance, was $0.02 on a basic and diluted basis for the fourth quarter of fiscal 2007 compared to net income per share of $0.01 on a basic and diluted basis for the prior year's fourth fiscal quarter.

FISCAL YEAR RESULTS

Net sales for the year increased 14%, from $97.7 million for the 2006 fiscal year to $110.9 million for the 2007 fiscal year.

Fiscal 2007 net income was $5,305,284, including a tax benefit of $1,490,689 due to a reduction in the deferred tax asset valuation allowance. Excluding the reduction in the deferred tax asset valuation allowance, the Company recorded net income $3,814,695 for fiscal 2007, compared to net income of $2,409,612 for fiscal 2006, an increase of approximately 58%. Net income per share for fiscal 2007, including the reduction in the deferred tax asset valuation allowance, was $0.54 and $0.51 on a basic and diluted basis. Net income per share, excluding the reduction in the deferred tax asset valuation allowance, was $0.39 and $0.37 on a basic and diluted basis for fiscal 2007 compared to net income per share of $0.25 and $0.24 on a basic and diluted basis for fiscal 2006.

HAUP has been doing well, I just want to know what happened in point 1 in the chart below:

• Hauppauge Digital Reports Fiscal 2007 Fourth Quarter and Year End Results
Business Wire (Thu, Dec 27)

58% earnings growth in 2007 and the adjusted trailing p/e is now $5/$0.37 = 13.5.

Fundamental metrics look attractive, but I'm not a big fan of the business, because of IPTV.

Good luck if you own this one

HAUP had a volume spike on Wednesday, I want to know what happened:

• Hauppauge Digital Reports Fiscal 2008 First Quarter Results
Business Wire (Wed, Feb 13)

Positive results, however the following sentence probably put the brakes on any rally:

«Mr. Plotkin also stated "Because our products are strongly oriented toward the consumer market, the effect of the economic downturn in the United States will likely have a negative impact on our North American sales. The extent of this downturn is difficult to predict at this time."»

The 4th quarter is seasonally the strongest and that's behind us, so ... probably HAUP won't go anywhere for the next few months, unless there's new information.

Since my last comments on HAUP the stock went down roughly 50% and then it got too cheap and had a 50% rebound.

There aren't any analysts covering the company, but it earned EPS of $0.51 in fiscal 2007. It remains to be seen how HAUP will do in 2008, in this weaker economic environment, at least from the US consumer perspective. The CEO raised those yellow flags:

Quote«Mr. Plotkin also stated "Because our products are strongly oriented toward the consumer market, the effect of the economic downturn in the United States will likely have a negative impact on our North American sales. The extent of this downturn is difficult to predict at this time."»

There was an interesting press release out:

HD Video and Internet Services from the PC to the Living Room
Business Wire (Thu, Mar 6)

This is an interesting offer ... DIVX, I wonder, how's that stock?