Semi Equipment Analysis 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.

Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (40706)	10/9/2008 12:06:59 PM
From: Donald Wennerstrom	Read Replies (1) of 95566

PLAB continues a strong decline today. Here is a recent article discussing the stock. <<Photronics Continues to Fall Posted Wed Oct 08, 10:13 am ET Posted By: Ken Nagy, CFA Photronics (PLAB) is an OEM [original equipment manufacturer] of photomasks used by the semiconductor manufacturing industry in the fabrication of IC devices and LCD displays. In the July quarter, the top and bottom-line results were in line with the company's preannouncement. Since foundries build in their own photomasks in the larger geometries, the more advanced nodes are that much more important. The company has strong technical development capabilities, and is experiencing growth in its 130nm and 90nm product lines. In the near term, this growth will not outshine a maturing legacy product and soft markets. Consequently, we rate shares of PLAB a Sell. Despite the share price dropping approximately 61% off the 52-week high, the successful completion of an equity offering and the continued pay-down of debt, we prefer to be on the sidelines until the Flat Panel Display markets pick up. Consequently, we rate the shares of PLAB a Sell rating and taking our price target down to $1.50 from $5.00.>> zacks.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next