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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (19327)9/3/2004 9:14:03 PM
From: Spekulatius  Read Replies (1) of 78751
 
re AUO - WSJ had two interesting articles about the Flat Panel display industry this week -AUO was mentioned as well. According to the WSJ (and other sources) it seems that the LCD prices have stabilized a bit. Incidentally, it seems that AUO's stock has formed a base as well. P/B is now about 1.6 and P/S 1.3 which I consider hardly very expensive, even if this industry is headed for rough waters near term. I consider adding to my small position.
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