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Technology Stocks : SI Diamond Technology (SIDT)

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To: barb loucks who wrote (1)5/28/1996 2:52:00 PM
From: barb loucks   of 623
 
George, you must be the strong, silent type. That's okay. I shall
resurrect this thread!

Just for a quick update. The company reported losses in its recent quarter. I bought a few days before earnings, as I'd noticed it seemed to be under accumulation. It went down, of course, right after I bought when losses were announced.

HOWEVER, it in a few days went back up to its former level (5 l/2 area). The company is restructuring, laying off 50% of its workers, divesting itself of coating division in order to restore profitability. They have bought in a new vice-chairman with investment/marketing experience as well as several new board members.
They are concentrating on bringing to market a diamond field emission
lamp and display units. I think this bodes well for the company, and
am holding long term. Anyone else out there with thoughts?

There is also an excellent thread under SEMIS on flat panel displays.
Check it out.

Barb
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