I would guess, 7.83.
At some point a few years down the road I will buy GTAT stock and make big gains. I would aim to buy in the $5 range and only after the business has stabilized somewhat while the market has lost all confidence in the company.
I can't see what they are going to make any money on in the next few years but they do have an absolutely mind-blowing portfolio of leading-edge technologies.
Amazing how they were able to run a trillion bits of data per second through a leather horse whip.
The thing is, wire bonders are NOT technology that are about to be phased out. The whiz-bang technology to replace wire bonding DOES NOT EXIST. There are some niche alternatives, but KLIC is active in that market as well.
If and when there is a major switchover from wire bonding to something else, my bet is that KLIC will be the market share leader for that new technology.
It is ridiculous for companies like CIEN and INFN to make optical hardware at the very leading edge and then not even be able to sell it at a gross margin over 50%. The old dinosaurs in this business need to die out so that these companies can get a decent price for their world-class technology.
Optical transport is supposed to be one of the high growth areas of technology, yet the companies in this business are reporting depressing prospects and their stocks are going down, while the rest of the tech sector is seeing a stock market boom.
No, they are actually a pile of awesome technology, unfortunately there is a glut of this particular kind of awesome technology and consequently their gross margins look more like what you would expect from a supermarket chain than a high tech business.
Got back in. I keep going in and out of EXFO but the price has been flat so I am neither winning nor losing.
It seems to me they are an excellent value. I just listened to their last quarterly from back in June and they seem like a very good business to me. Some small acquisitions that they feel could have some good positive impact on the business due to acquired intellectual property.
I also think this company has got to be a prime takeover candidate. Small enough for a large tech company to acquire without much difficulty, but a promising enough business to offer the prospect of giving a nice boost to financial results.
If a company in this same industry acquires them then there could be some good synergy potential. But they are a small enough company that there may not be too much concern about a buyout being derailed by government antitrust concerns.
I'd rather it didn't go to the moon. I'd prefer they are able to buy 100 mil worth at about the current price.
100 mil is nothing to sneeze at and at KLIC's current low price you can buy one boatload of KLIC stock for 100 mil.
That recent Pinedale acquisition sounds good on one hand. Paid for partly with junk Marcellus acres. But they are taking on a lot more debt. I thought they had a roadmap for shrinking their debt over the coming years. If so this would appear to derail the roadmap.
Anyway, my latest shares I got at 23 and usually in oil and gas I end up buying medium and selling medium low and losing some money so this time I decided to lock in some profits and sold half my shares at 25.x.
If there's a dip I'll buy them back.
The techs I have are just ones that seem like good values to me. Mostly in the semi eqt area. KLIC, TER, RTEC, and just got some MTSN the other day. Also have some CALX and NVDA. Not screaming buys but seem like good value. Most probably are buyout candidates, but I don't count on any of my stocks getting bought out.
No doubt the merger of two of the giants in the power semi business will lead to one awesome merged company, but I still think what they paid is insane.
Can't believe what this thing is fetching, but more power to you. Anyway, I don't regret missing out because my calculations would not in a million years lead me to believe this thing would go up to this level.
Plus, I made a killing on IRF once myself. Bought at 4 9/16 (yes, back in the fraction days) and sold at around 13. Kicked myself when it went on up to 30 or 40 after I sold, but what the heck, I still made out well.
It seems to me Infineon is paying insanely too much for IRF. But even though I am not an IRF shareholder, this deal makes me excited. Because I own stocks of other small to middling players in the semi business, which I believe are at good valuations. But my hope that they might get bought out at a big premium is tempered by my concern that they would be viewed as too expensive at such a valuation. Well, if someone's going to pay this much for IRF, then someone out there can certainly afford to pay the share price I hope to get on my other tech stocks.
Can't believe this thing is near 20. I consider it a borderline buy at 5 bucks. Those who rode it up, congratulations, but I still believe there is no rational basis for that rise, so it seems to me there is a risk it will drop back to something more in line with fair value which I believe is around 5.
MTSN seemed too pricey to me around 3, but now it looks interesting. I listened to the conf call and the business prospects over the coming quarters look really good. These guys sound like pretty smart dudes to me.
Yahoo's tabulation of analyst predictions of revenue growth appear consistent with the very bullish business outlook.