What seems funny is that a company with revenues that decline quarter after quarter has a PE = 228.
Similar company PEs : MicroChip PE=27, TI PE=21, SYNA PE=30, Nvidia PE= 31, NXP PE = 31.
If Atmel had a PE=30 its value would be more like 1.20 than 8.70. It seems questionable to mock someone who seems to know what a PE is and how a companies PE relates to its peers and prospects for growth. People will pay up for growth but that is not what you are buying here from I have seen for years.
"Buying Atmel stock is like buying a company with a 50+ target for only 27."
I believe buying Atmel is like buying a high growth company (PE 100) with no high growth.
Do you understand why XSense did not take off?
3) ease of integration
4) something else
I understand ITO prices have been coming down and that certainly must of had some impact.
I guess I am curious on the likely hood that UniPixel will do any better in the touchscreen space.
Do you think the observers will know the yield of the sensors they see manufactured while they are standing there? I do not know if the testing produces "real-time" results while manufacturing.
I am never sure if the down thumb means they do not believe what I said, they believe but do not like what I said, or they just dislike me.
I am not a UNXL short, I am a critic.
I am at work trying to fix a firmware problem for a project I am way behind on (I have no problem with UniPixel being late, I am late a lot. Especially with code for things I have not done before).
I am collecting data on a rs485 network and have time while the data is being collected.
It is a quick and easy thing to see what craziness has occurred on the message board since the last time I checked because the times are posted.
This is like watching a reality program on tv for me.
What are you doing here this early on a Saturday?
My whole problem with this message thread is saying capable of producing "commercial quantities of touchscreen". Say he over stated current capabilities and move on. I have read the conference calls. You would have a hard time convincing me either ceo said they can produce commercial quantities. I imagine RxR would say they could produce that many touchscreens but less than 10% would actually work.
"We had anticipated initial commercial shipments in the fourth quarter of 2014," CEO Jeff Hawthorne said in a conference call with analysts. "However, based on our current technical schedule, we expect to only have low volume sampling to our development customers in the fourth quarter, which is now ramping up to commercial production in 2015.
Here is an example of using a quote to further your argument.
1) " low volume sampling" is definitely not "commercial quantities". " low volume sampling" is what they are doing in Q4 2014 not "commercial quantities".
2) "ramping up to commercial production in 2015". 2015 is in the future. In the future they will do "commercial quantities". Now in 2014 they are doing " low volume sampling".
So can Kodak manufacture commercial quantities of touchscreen? No, they can manufacture "low volume sampling" now and anticipate "ramping up to commercial production in 2015."
If someone thinks they can take this paragraph and convince me they are currently manufacturing "commercial quantites" go for it.
good point - you can pretty much make up anything you want and it cannot be proven incorrect. Oh the "logic" and speculation we will see. Looking forward to it.
The stock price increase does not mean the process is working. People buying the stock do not know if the process works. If their only source of information is from the companies in the public channels they in fact know it does not work, that is why there will not be $10M's of revenue in 2H 2014. Both ceos say this is now a 2015 story as far as revenue. To make this perfectly clear, working process = Revenue.
1) People think it will soon be working. OR
2) The big boys are playing around
Take your pick.
How much would the stock price have to drop to "prove" the process does not work? 5%, 10%, 15%?
Thank you for explaining to me that moving equipment means Kodak can manufacture commercial quantities of touchscreens. I often miss these subtleties. I am sure it is one of those things that they would not move it unless it worked.
I never understand that you guys want to say the process works but they cannot make anything saleable. I would not say my car works if it could not take me from place to place. I would not say my oven works if it could not cook food.
We can resolve this right now. Quote me the lines from the cc's that says they can produce "commercial quantities of touchscreens".
The biggest difference to me is that earlier in the year they were confident enough to make a prediction on revenue, now they are not.
What I heard was "KODAK/UNXL cannot manufacture commercial quantitties of commercial-quality touchscreens in 2014 but maybe in 2015". Were you on a 3M cc or something?
This isn't another one of those "They could make money if they felt like it" kind of things is it?
You seemed to have been correct about expectations being low, or as someone else said, the delay was already baked in the price. I was not expecting the price to go up.