Just have a few moments and found a free terminal. He is a short and sweet on UTEK.
1. May meet earnings expectations but doubt anything better than that. So do not expect an upside surprise.
2. The quarter we are in will be real nice for UTEK.
3. P-GILD was really well received at SEMICON, IMO.
4. P-GILD systems will be allocated with first right of refusals going to SEMATECH members. Expect them to line up and not refuse.
5. Art is SMART. Both P-GILD(Verdant Technologies) and ULTRABEAM are structured as business entities that could easily be divested or sold off as a unit, leaving the other entities protected and intact. (Now why would these businesses be set up that way??) If you ask me, I think it was done as a great shareholders rights manuever and to grow shareholder equity. The sum of the parts being greater than the whole. Also, it does not look like any hostile company, ala AMAT, would be interested in taking over the whole company when they could bid up one of the separate units. In other words, Ultrabeam or Verdant could be sold at a nicer premium since the other "excess baggage" needn't be part of the deal. UTEK gets a great premium down the road for any one of the 3 parts. Heck, they could even get a great premium on all 3 parts.
I think UTEK had a good show and I do not believe we need to worry about either the Ultrabeam or P-GILD systems. They are great bonuses that we will all share in down the road. I do not see any takeover innuendos here and did not mean to insinuate that in #5 above. Rather, it illustrates what I beleive to be so real sound long range planning and positioning of the company.
Finally, a rumor. A little birdie indicated he would not be surpised to see UTEK trading in the mid 40s by year end even as the major semi-equips start retracing with profit taking from this recent run up. We might even be surprised with who and what brokerage houses may come out with some good recommendations. Sold tha AUG options yesterday, BTW.
Andrew
BTW-I have dibs on #1000 here, OKAY everyone???? |
