Very bad news for NTE - Sharp Nearly Halts all iPad Screen Production
Well, perhaps Mr. Chan_Lei is right...
In the not too distant past, NTE sold for far less than it's cash on hand. Of course, all of it's equipment, buildings & land were a blight on the environment and were worth nothing. NTE would have to have spent it's dwindling money to tear it all down.
Cycles come and go, I am just surprised at how short & vicious this one is.
Mr. Market gets happy and then he gets sad...
I have a feeling shorts are piling into AAPL & NTE.
No doubt Samsung is taking some market share, but I still see AAPL with the lion's share of the market.