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- Mar 9, 2006
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Does anyone have an opinion of OVTI? I was looking at it last june and missed the ride up. Omnivision mostly does cellphone cameras, but they are trying to move into medical devices too. They own some proprietary technology via an acquisiton a couple years ago(wavefront coding, Truefocus). The stock is nearing a 52wk low, but I can't figure out why it is down so much in the past couple weeks (lot of short activity?). The CEO appears to have just sold of a bunch, but it appears pre-arranged. I guess the biggest selling point about their tech is that it is cheap and useful for one-time use med devices.
It looks like there are two devices (besides camera phones) their technology is used in:
one for use in colonoscopies: (looks promising, provides reverse view on the way out)
http://www.medicalnewstoday.com/articles/53780.php
and one for intubations: (not too sure if this will catch on, some of the guys on here probably have a good opinion)
http://www.devicespace.com/news_story.aspx?NewsEntityId=20968
It looks like there are two devices (besides camera phones) their technology is used in:
one for use in colonoscopies: (looks promising, provides reverse view on the way out)
http://www.medicalnewstoday.com/articles/53780.php
and one for intubations: (not too sure if this will catch on, some of the guys on here probably have a good opinion)
http://www.devicespace.com/news_story.aspx?NewsEntityId=20968