OVTI undervalued?

Forbes is reporting that JP Morgan likes OVTI. They’ve set a December 2004 traget price of 19.00, about 70% higher than the current share price. The analysts think thay investors are overestimating the competition and that a new product is going to boost sales in the near future. As you may know from reading, I’ve invested a little in OVTI because I see a stock that has fallen dramatically even though the restatement increased profits. I’ve invested only a little because I think there is some risk with OVTI.

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