NEW PICK! Compelling case for **AVTI**, another profitable company under 50 cents (in the hot semi-conductor area).
OVERVIEW (from company email):
Accord Semiconductor Equipment Group, Incorporated or Accord SEG (Subs. Of AVTI) provides full-service re-manufacturing and related support services solutions of advanced semiconductor manufacturing systems and components. Specializing, but not limited to capital equipment enhancement of Applied Materials products (AMAT worldwide OEM leader) Accord continues to forge key
new sectors while maintaining relationships with past, present and future customers. Such corporations as Motorola, Kodak, Siemans Semiconductor Group, Lockheed, IDT, Texas Instruments, California Micro Devices, American
Microsystems, Mitel, Integrated Solutions, Honeywell, and MRC (Sony) are amongst our most valued friends within the semiconductor industry.
OVERVIEW FROM SI THREAD:
Subject 33295
** COMPANY PROFITABLE AND FULLY REPORTING (.03 per share first 6 months)
** COMPANY IN HOT SEMICONDUCTOR EQUIPMENT NICHE
** APPLIED MATERIAL (AMAT) EQUIPMENT IS THEIR MAJOR PRODUCT NICHE AND AMAT IS DOING REALLY WELL:
READ what AMAT put out in a recent press release:
"By Ian Fried, Bridge News
Palm Springs, Calif.--Feb 15--On the back of another record quarter, chip equipment maker Applied Materials said it sees robust industry growth for the current quarter and coming year, with fiscal secondquarter per-share earnings in the range of $1.00-$1.08, on sales of $2.0-$2.1 billion. Applied said it also expects record orders in its
second quarter of at least $2.5 billion.
* * *
The company said it now sees the chip equipment market growing 46% this year, more than double an earlier estimate."
** LAST AVTI EARNINGS REPORT:
(PR NEWSWIRE) Accord Advanced Technologies Announces $.03 Per Share Earnings For First Six
Months
TEMPE, Ariz., Sept. 9 /PRNewswire/ -- Accord Advanced Technologies, Inc. (OTC Bulletin Board: AVTI) announced today that the company had, on an unaudited basis, after tax operating income of $382,589 on revenues of
$3,052,531 and total after tax income of $1,017,723 or $.03 per share. Travis Wilson, president and chief executive officer of Accord Advanced Technologies said, "The company's operating profit of $.01 per share on sales
of $3,052,531 represents the results of new marketing efforts as well as other cost sensitive changes we started in the third quarter of 1998." Mr. Wilson went on to state that "The company was also able to purchase equipment which
had formally been on lease resulting in an after tax extraordinary income of $635,134 or $.02 per share, for total income of $.03 per share. The company will continue to implement existing programs and develop new ones in its
efforts to enhance the value and profitability of the company."
Those wishing further information in terms of the stock should contact their broker and visit the company at its web site www.accord-seg.com.
Accord Advanced Technologies, Inc. is a provider of equipment remanufacturing and engineering consultant services to semiconductor manufacturers worldwide. Through its wholly owned subsidiary, Accord Semiconductor Equipment Group, Inc., the company remanufactures, upgrades and provides full-service support for semiconductor wafer-processing systems and related consumables. Accord has also developed patented technologies that improve planarization techniques and has a patent pending that reduces green house gas emissions related to the manufacturing of semiconductors.
***
E-MAIL I JUST RECEIVED FROM COMPANY:
HIGHLIGHT: is their comment of themselves as an AMAT OEM leader
Thank you for your interest in AVTI.
Accord Advanced Technologies, Incorporated or AVTI (trading symbol) provide engineering services based capital equipment enhancement and solutions. Within the semiconductor industry, AVTI hosts a variety or related patents and advanced technologies applicable to it's core businesses. AVTI plays a vital role in forging key relationships within established product markets
for it's wholly owned subsidiary, Accord SEG.
Accord Semiconductor Equipment Group, Incorporated or Accord SEG (Subs. Of AVTI) provides full-service re-manufacturing and related support services
solutions of advanced semiconductor manufacturing systems and components. Specializing, but not limited to capital equipment enhancement of Applied Materials products (AMAT worldwide OEM leader) Accord continues to forge key
new sectors while maintaining relationships with past, present and future customers. Such corporations as Motorola, Kodak, Siemans Semiconductor Group, Lockheed, IDT, Texas Instruments, California Micro Devices, American
Microsystems, Mitel, Integrated Solutions, Honeywell, and MRC (Sony) are amongst our most valued friends within the semiconductor industry.
A Senior Investment Relations Member of AVTI Corporate Communications, Group will be in personal contact with you regarding our company.
If you have any further questions please contact us toll free worldwide at (800) 555-1525 or by fax at (480) 820-2319.
AS ALWAYS, DO YOUR OWN DD! This stock looks much more solid than most under $1.00 but there is always risk as well as reward. |
