This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Immersion At Security Research Associates Inc Fall Growth Stock Conference Call Transcript

Immersion Corporation ( IMMR)

Immersion at Security Research Associates Inc Fall Growth Stock Conference Call Transcript

November 15, 2011 1:30 PM ET


Shum Mukherjee - Chief Financial Officer


Shum Mukherjee

Good morning everyone. Delighted to be here presenting at this conference. There is going to be a breakout session after this, and one of the things I would encourage all of you to do if possible is to attend the breakout session because we have got some demos, and there is nothing like demos to show you the value of Haptics. So if you at all have the time please come to the breakout session, and we will be happy to give you some demos.

Let me get started with the formal presentation, these are forward-looking statements and non-GAAP measures that we use. I like to give a quick summary of the company. It is a small agile company. We have a world-class customer base, very strong IP, and we happen to be in very large and rapidly growing markets. So the combination of the fact that we are in the right market in the right time, we have got a very strong portfolio and we have a sorted balance sheet now with $63 million of cash, no debt, and positive operating cash flow.

Now the company was founded in 1993, and over the last 15, 17 years it has gone through a lot of changes, and it is important to understand how the company evolved in order to understand and get a good perspective on where the company is today. So in terms of the company evolution, it was founded in 1993, and it did its IPO in 1997. The current CEO of the company is Victor Viegas, and he was the CFO who took the company public in 1997.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,684.54 +6.31 0.04%
S&P 500 2,059.37 +3.22 0.16%
NASDAQ 4,879.8160 +16.4540 0.34%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs