a CEO of another large semi company said on his company's conference call that wire bonders are a dying market and that currently the market for them is dead and that is why the share price for these companies are going down. he has not always been right on his calls. Worried that he might be right this time. The stock price is currently discounting a lot, but agree that with a disaster, it could go down to cash value. They really need to show some sort of success with advanced packaging. Or they need to make some sort of successful acquisition with the cash. We will find out Tuesday. I just hope there is some good news somewhere in the company.
Question! How much of the wire bonder market is capacity driven? How much of the market is replacement of existing bonders? Not gold to copper but due to wear and tear!
I don't know! No growth in earnings, poor investor contact (no or little coverage), investors looking for high fliers rather than a more conservative stock. Not certain if any of the above are the cause. Also, add in two classes of stock to make things confusing.