Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 181.67

+2.4%

Dec 5 9:30 AM EST

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To: Kirk © who wrote (2292)	11/20/2014 3:42:04 PM
From: Jerome	Read Replies (2) of 26710

Kirk,...as I understand it GTAT will sell the hundred or so of Sapphire furnaces and give the proceeds to Apple to pay off their debt to Apple. My guess for the furnaces is this. The furnaces get sold to Taiwan and Korean companies and Sapphire becomes commonplace in lots of small devices. Keep in in mind that Sapphire is ten times stronger and harder than Gorilla glass lll. One company's loss is another company's gain. How many times have we seen this happen?

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