SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : YBM Magnex Intl Sees Revenue Growth 30-35%/Yr In MagnetOp

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Greg Spendjian who wrote (7)6/8/1997 11:21:00 PM
From: Richard Lam   of 314
 
Still holding and still high on it! Recent occurences: Nesbitt initiated coverage, raising $100 million for acquisition of Crucible (which will increase revenue about $50 mlln but more improtantly diversity their revenue base and customer base as well as increase management depth). The improtance of the Crucible acquisition is that it will/has prompted a revaluation of YBM in the market's eyes as it will become a "more" North American firm. What I like most aobut this firm is that: 1) it operates in a rapidly growing industry (15%-25% annual growth predicted varying with each segment) 2) the technology does not evolve as rapidly as in other industries 3) YBM has the leading edge technology, second to none (according what I've gathered from various industry publications). Now the only "cloud in the sky" is the Magnequench lawsuit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext