DAW Technology grows at 94% and the stock goes nowhere?
I was recently reviewing the earnings report for this quarter and the
numbers on DAW Technologies look very good year to year. Daw had a
bad quarter last year and has since recovered nicely. They appear to
have been beated up because of the semi-conductor industry woes. However,
the overall prospect of this company looks very good.
Here is their story,
They manufacture an install "clean room systems". They have a $78 million
backlog of orders and seem to be very active in the bidding process in
both the US and Asia/Pacific. You can see more information on them
at "http://www.dawtech.com/". Their 12 month range is 3 to 10. They are currently
trading at about 3 1/2. Their last quarter they earned .05 cents. Revenue growth
for last quarter was 94%. The clean rooms that they build are used in semi-condutor
manufacturing plants. As the semi's gear up for growth down the road they will continue
to build infrastructure and hence require Daw's specialty. Although a few projects
have been put on hold, they have still achieved tremendous growth. Based on info in their homepage,
they have built a solid management team using exec's from Novell and other key technology companies.
I would like to hear any opinion on this company. At 3 1/2 this company must be a bargain.
Sorry about the multiple threads on this stock, I noticed the other ones only after I submitted this.
Jim |
