Q: Do you have any thoughts on Mobileye (MBLY)which did an IPO earlier this week with shares jumping from $23 to $34.50 yesterday (Thursday)? The company seems to have developed the ideal product for Advanced Driver Assistance Systems (ADAS), i.e. the technology currently being adopted by many car manufacturers to help drivers avoid accidents (lane departure warnings, automatic braking systems to avoid imminent collisions, alerts of pedestrians, etc.). You may have access to information that I cannot find via a Google search on the Internet namely, is the company really the leader in this field? Are there competitors that are well positioned to overtake it? Feel free to provide any other comments about the company that would help me decide whether or not to buy, or perhaps to wait for a pullback.
Thanks,
Robert
Thanks,
Robert