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Pacific Ethanol Inc. (NASDAQ: PEIX) The Next Step: Raise $54M

|Includes: Pacific Ethanol, Inc. (PEIX)
While consumer PC demand has been soft, we believe that SMOD is benefiting from greater exposure to emerging markets (Brazil 51% of revenues) and also demand for specialty server, networking, and industrial/embedded memory modules. SMOD benefits from access to global blue-chip customers such as HPQ (22% of revenues), Cisco (15% of revenues), and Dell (15% of revenues).

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