Bosco & Crossy's stock picks,talk area Message Board

STOCKTALK

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.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crossy who wrote (3177)	6/10/2002 10:08:05 AM
From: Crossy	Read Replies (1) of 37387

new Japan pick : Nihon Inter Electronics 6974.J - 270Yen This company is active in power semis: NIEC (Nihon Inter Electronics) niec.co.jp around 270 Yen, a maker of Rectifiers, Schottky Barrier diodes, Thyristors and hybrid modules. Active in Power conditioning and power management applications. Firm did extensive restructuring over the past 2 years and quite surprised the investment community by posting a loss including charges of only Y-290mio. instead of a forecast of a loss of 550mio. Aiming for 15% growth in revenues year on year. Should benefit tremendously from booming automotive and consumer electronic vertical markets now and from resurging spending into computer boxes and telecom gear later down the road.. Right now no brokerage is covering this stock - however the stock has risen from 120 Yen to 270 Yen on the encouraging news mentioned above. Valuation is still low - PSR of 0.25 and P/Book of 0.75. That's almost 1/10 of its US counterparts like POWI, SYXI and IRF (which still owns a stake in NIEC which IRF co-founded long ago) best rgrds CROSSY

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next