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Non-Tech : Emcore Corporation (EMKR)

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To: Hawkmoon who wrote (516)4/15/2008 10:00:53 PM
From: Rock_nj  Read Replies (1) of 640
 
It will be interesting to see if the Intel earnings announcement and after hours spike in price will get the semiconductors in rally mode tomorrow. Most think of Emcore as a semi company. Semis are down hard over the past six months, which might help explain Emcore's poor performance over this period.

If the right things fall into place, semis rally, solars rally, there's no reason why EMKR can't be back above $10 within a few months. Earnings next month should be interesting for future guidance after all these acquisitions.

I hope EMKR rallies hard and sticks it to Citron and Andrew Left. The market pretty much ignored his latest anti-Emcore rants yesterday and today. I think its high time he covers before Emcore start moving up from the base it is forming around $7.
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