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Non-Tech : Emcore Corporation (EMKR)

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To: The Ox who wrote (417)3/25/2008 6:28:22 AM
From: Rock_nj  Read Replies (1) of 640
 
There are some interesting developments over at WWAT. EMKR and David Gelbaum now own about 1/3rd of WWAT, and just replaced the CEO. Emcore lists its solar research facility as the same address as WWAT's Ewing, NJ headquarters. There could be some more news coming from the EMKR/WWAT relationship, some speculate even a takeover or merger.

Baring a major market selloff, I think the trading action says a bottom is in. The big insider buy at $6 last week of 200K shares of EMKR are one sign, as is the drift upwards yesterday.
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