so far , the "wearable " market has not caught fire .. in order to establish a market , the
entry devices will need to be cheap , after that , consumers will demand better devices ..
as the segment grows , people will be willing to pony up more quid for a better device ..
better being defined by quality of images and power consumption .. lcos/led will
continue to race to their physical zeniths and OLED will grow ...
it's still good to know that Eman's mgmt was willing to lay out a five year plan to
get into consumer products ... g
if anything , GF would have bought building 323 , or half of it because the other
half is development , who knows what was in that package , but GF was only
after the engineers .. anyway , Emagin is housed in the 330 D phase .. probably
about 1/2 million sf empty now and sintering is probably going away , with organic
packing taking over , so there's lots of real estate that IBM needs to do something
with .. .the EF site is so toxic that i doubt they can ever sell the site ... g
starting with LG and magnified by SP , buybacks have pretty much choked IBM , and the major investors know
this .. now , with no upgrades to the chip foundry , they cannot sell it ... execs missed the boat here ,
no reason why IBM could not have run a profitable chip foundry , supplying itself and a few others with
high margin chips , the problem is that IBM has long had margin targets and chips no longer meet it , too
this tranisition is going to be tough .. IBM has sold off about 90% of it's hardware over the past 25 years ,
migrating to very high margin IT contracts .. the problem now is , with the emergence of the cloud AND
a slew of competent competitors this transition will not be a swift as those in the past ... a major overhaul
is needed , maybe bite the bullet and take a year or two of greatly decreasing revenues and posture
itself for the next decade .. i'm still watching , but don't see buying back in for at least a year ...
i could be wrong , but do believe i can better use capital elsewhere ... g
i say this was the best CC yet .. some real pertinent questions and no evasion ...
also , it was great to hear about plans going beyond the next 2 q's
schatz , maybe we should be a little kinder to Bungalow Bill ..
after all , he used to be an Emagin vendor , he sure sounds
like sour grapes ,eh ?
thanks Rock ... btw , IBM is stuck with the EF site and there's a ton of real estate there , should be able to
get a favorable lease for future expansion ...
How about Obama and Al Sharpton doing a gay flick ... sure to go viral ... i don't think that he gets much
from Michelle ..
since any contract has "a material affect on performance of a company " we should be seeing some pr's
this quarter , eh ???
thank you , i think that a key fact that most retail investors fail to grasp is the
total power of dividends .... check out MSFT ... the current div is modest , but
if one had shares purchased around 30 , well before the 1st spit , that would
now be 128 shares ... multiply that by the current div , then div that buy original
share purchase price and you are making well over 100% per year on original
investment ... why sell something like that ???
eventually , your $25 shares will be returning 20% or more , i'll have to
wait a while longer for my 31's , in the meantime , i sleep well ... g
i posted an article about Illinois and the carp situation , tried to hide the link , but they found it .. The story
is about commercial fisherman supplier processors with carp , the processors are trying to grind it up and
incorporate into products for sale ... not a bad idea , but they should be supplying ground up carp as
fertilizer , i have guess that the fert companies are against this ... oh, well ...
.so I ask, where is all the money going, anyone want to hazard a guess. ...
no guessing Bill ... new equipment and inventory build ... we not only know how to
read , but how to listen , then synthesize the information and draw conclusions ... g
If you do simple math here....7mln revenue per quarter creates a loss of 1mln.
Bill , math without logic is pretty much like a pipe dream ... read the reports , or listen
to the CC .... while it wasn't too granular , there was a report of new tooling purchased ..
that's where the profit went ... also , the product mix makes a big difference .. either in
revs or margins ....
not worry , Amazon will probably be getting into the telecom game .. if Google can ever lay enough
fibre , they will be there too ...
thanks dino .. son is doing well , that was back in '09 .. ushered out of IBM ,
then the wife left(relief , but big hassle and expensive) then son's gall bladder
blew up and needed major surgery the week he was supposed to start college ..
that was a very bad year ...
if anyone is interested in a small tech company .. Emagin , they occupy space
in B 330 d phase ... they are still a development company , preparing for
manufacturing .. OLED , which is the coming technology to replace LED / LCOS ..
cautiously optimistic ... we got no running game ... i'm expecting very good defense this
year and decent special teams ... not sure about the offensive line , Snee is gone ...