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Amtech Systems Inc. Message Board

  • rcain000 rcain000 Jun 20, 2013 5:16 PM Flag

    Reminds me of a couple years back

    ASYS kept climbing up to over $25. Will history repeat itself?

    Sentiment: Buy

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    • I need to stop looking at analysts' price targets. Fortunately I added a bit a few months back at around $3......but not enough. Still under water but holding on for sure.

    • It actually went over $30 a share. I think we have significant upside from here but I think this investment cycle will be different as last time China PV companies received huge loans to ramp capacity. That will not happen again but I think equipment purchases will ramp from here but in a more rationale way and that purchases of high efficiency and equipment to make high quality PV products will prevail. Lots of talk about the levels of defective solar cells in the press so companies that deliver the right product will do well and there will be a lot of suppliers that will still go out of business due to low quality and low efficiency.

      For a solar equipment maker like ASYS that is very good as companies will be forced to buy new equipment to survive. If the investment cycle is more rationale it could go on for a number of years and Solar is already very economic in a number of locations around the world even without incentives. Countries like Japan and China are throwing big incentives to solar power investments which will drive demand.

      Sentiment: Strong Buy

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