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Applied Films Corporation (AFCO) Message Board

  • slyrx slyrx Apr 6, 2001 9:50 AM Flag

    does any know

    why it dropped to seven and change a couple of days ago....any news?

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    • I have a small guess. On my way to work on Wednesday (I think), at about 7:45 Eastern (5:45 my time), I heard a report on Bloomberg Radio that some analyst had downgraded the FPD sector. He saw too much competition and the slowing world economy as catalysts for his downgrade. If Im' not mistaken, he even said that manufacturers in this sector were selling at losses in order to keep their revenues up.

      I can't find any news story to back this up. I have no position and no agenda, just investigating the company, and passing along what I believe I heard.

      Gesner

      • 1 Reply to gesner_cjs
      • Its true but I also heard screens will be in short supply again very quickly , as ealy as August when Christmans buying season starts.

        Taiwanese notebook builders are reporting double digits shipments growth as high as 50% last quarter. Tabloid Net Cruiser production due to start anyday now. PDA screens seeing dramatic growth from Compaq entering the market and price cuts. Laptop computer is reported to be the most wanted cosumer product, status symbol in China. growth there is forcast 300% next year.

        I get my info from Taiwanese insiders. Short term its very bad, 6 month out everything will be rosy again.

 

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