Emcore Corporation went public today @ $10 1/2/share.
Description:
With 38% of the market, Emcore is the leading supplier of metal organic chemical vapor deposition (MOCVD)compound semiconductor production systems. It offers 3 lines of systems: the Explorer for research, the Discovery for development/pilot production, and the Enterprise for volume production. Prices range from $350,000 to $2.5 million.
Emcore also designs and makes semiconductor wafers and package-ready devices, with customers including some of the world's largest electronics makers. Emcore products are used to make cellular telephones, pagers, personalcommunication service handsets, direct broadcast satellite systems, CD-ROMs, flat-panel displays, and electronic automotive parts.
Any/all constructive commentary appreciated
DD |
