Tower Semiconductor 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 : Tower Semiconductor

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Soumya De who wrote (563)	12/8/1997 9:32:00 PM
From: virgil vancleave	Read Replies (2) of 1853

it is quite hard to believe that we have found a company which is profitable and should continue to be profitable trading 1. at 0.83 times book value 2. has $5.5 per share in cash and a debt to equity ratio of 0.07 3. price to sales ratio of less than 1 (i think it is .83 based on last quarter) 4. p/e ratio of < 10 with last quarter alone being +.40 5. after tax profit margins of about 10 percent which gives us an implied p/e of about 7 or 8. company is in much better shape than most (ie apm) and is extremely undervalued. even with a slowdown, the company will still be profitable and the future looks bright from what i can tell. also, i have been doing some reading and thinking about their relationship with nsm. this could turn out to be an excellent deal as nsm and cyrx are now one and nsm is into the low cost pc production using cyrx chips. correct me if i am wrong, but would not this setup have positive implications for tower or even prompt nsm to consider aquiring tower for their cash position and products and technology. just a thought. either way, the outlook for tower looks promising, especially if management can perform. good luck and long tower.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next