Ken, while you may have some good points about ALSC's "Chip product hoopla" - as an investment ALSC is a way better value than Micron (though ALSC is a tadpole compared to MU!)
Here are the facts!
ALSC has 161 employees - has a long term debt to equity ratio of zero % - Revenues of $ 118.8 million - sales per employee of $ 738174 - net income per employee of $ 3,857,969, market cap of 825 million - net margin of 522.6 % - and an astounding pre-tax margin of 888.2 %!
Micron (MU) has 15700 employees - has a long term debt to equity ratio of 20 % - Revenues of $ 5800 million - sales per employee of $ 372414 - net income per employee of $ 49185, market cap of $ 39000 million - net margin of 13.2 % - and a pre-tax margin of 20.3 %!
Micron's book value is $ 10+, and cash is $ 3+ - whereas ALSC's book value is $ 22+ and cash value is $ 18+!
If you believe in the paradigm, the fatter they are harder they crash - you would think twice before putting your money any more on Micron as the industry turns down in two years!
ALSC is nimble, manages money well, and for folks like me who bought in at $ 2+ and 3+, has performed phenomenally well, and even at this point is a good investment, since it will double from here and then some.
As far as ALSC being a competitor to MU,(in a sense they are!), it is like a fart on a hot grill for MU and they won't even notice the effect! |
