By golly, there it is. http://in.reuters.com/article/2015/10/16/idINS7N10O00420151016
It would seem that it is saying those dollars were for orders from Axcelis and someone called Screen Semiconductor, not sure who the latter is. Google time again.
Hope they buy some Axcelis ion implanters. As far as I know ACLS has yet to sell anything to Intel but since they have what is now the best in class family of ion implanters it seems like there ought to be some potential there. I believe Micron is an Axcelis customer.
If there is any emerging giant in advance pacakaging, they ought to buy out KLIC for $20 a share and by doing so become the "incumbent" vendor of semiconductor packaging equipment, solidifying their ability to be the dominant manufacturer for the next generation of semiconductor packaging.
Correction: I used Yahoo's number for enterprise value, but I should know better, often that number is wrong as can be seen by simply looking lower in the list of financial stats at debt and cash. STX's net debt is a lot less than the amount of net debt if you take Yahoo's figure for enterprise value minus market cap. So, STX's EV/GP ratio is probably more like 3.5. That leads to the conclusion that STX is cheaper than my above post would imply. Still not enough of a bargain to attract me, but there are valid arguments that one can make that it is a value stock.
My gauge of a bargain tech stock is one with an enterprise value to gross profits ratio of under about 3. STX's is 4. And they are old tech, which generally would carry lower multiples. Their excellent PE ratio, on the other hand, would suggest they are a bargain. But by my criteria they are not necessarily a super value.
Just because a company is a good one and has a great future does not mean the stock monotonically goes up. Sometimes it is bound to get ahead of itself and then correct back to a more realistic price.
For the Infinera buffs, a question. I haven't followed the company much lately since the stock got pretty pricey, but I am wondering about their metro products. My impression is that those are basically from a company they acquired? In which case, I wonder how well those play with the DTN/DTNx. Because my impression is that their core products, while providing awesome advantages over competitors' products, do involve a very different architecture than the traditional one. So I wonder how well the metro products mesh with the DTN/DTNx, and if there is some mismatch there, would their strategy be to gradually evolve the metro products to create a more seamless set of products for the entire market they serve? I will listen to their last conference call, maybe that will help with that question.
Since their products have a lot of features their competitors cannot match, due to their proprietary technology, it would seem to me the ceiling on their gross margins is quite a bit higher than what they currently are running.
I just wish INFN would have a bad quarter some time and the stock dippes to $12-13 per share, at which time I would buy a bunch. Incredible company, incredible technology, but it's not a secret and the stock price pretty much reflects what a great company it is.
To accurately assess ACLS' business prospects, the analysts would have to do more than just look at tables of numbers. They would have to delve into the details of the implanter market and the product situation of the two players who compete in that market.
It seems like those analysts who ask the questions at conference calls are diligent enough that they dig into that kind of detail to get a genuine grasp of the industry dynamics. But some analysts probably just stare at balance sheets and income statements and think that is all they need to know to render an opinion.
Listened to a recent conf call of theirs, they sound pretty good. I sold a little at 2.76 or 2.80 or something but bought it back today at 2.48-2.49.
One thing that would be really useful to know is on these new 3d semiconductor processes, what machines are going to be most heavily needed. I imagine some machines will still be needed just about the same amount as on the previous processes. But others probably are needed a lot more. For example if you are doing stacked devices then I would imagine there are a whole lot more photolithography steps.
Not sure how this applies to Mattson. All I basically go on is what the analysts project the revenue and earnings growth will be for different companies and I assume they know the technology better than I do and have a better idea how many machines are likely to be needed from the various semi equipment makers. On that score Mattson looks pretty good, I believe Yahoo shows their projected revenue growth in 2016 as close to 15%.
One such stock that you may want to consider dropping Kulicke and Soffa Industries, Inc. KLIC which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in KLIC.
If you are still interested in the Electronic–Manufacturing Machiney industry, you may instead consider a better-ranked stock– Axcelis Technologies Inc. ACLS. The stock currently holds a Zacks Rank #2 (Buy) and may be better selection at this time.
Bit of a coincidence, ACLS and KLIC happen to be the two stocks I have the most money in. ACLS, because it is reasonably cheap and has explosive growth potential. KLIC because it is a decent company in a slump whose stock price has been hammered way too hard than circumstances warrant.