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Technology Stocks : OLED Universal Display Corp
OLED 119.84-3.6%3:30 PM EST

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CycleTed
To: IntoOLEDs who wrote (11591)8/2/2017 8:39:31 PM
From: slacker7111 Recommendation   of 29743
 
What happened to COHR? You seemed to be following them. Didn't they beat their numbers and still get slammed?? Any insights? Do you think that is in any way analogous to OLED


COHR's results dont have any short-term correlation with UDC's.

However, I think when a stock attracts momentum investors that you have to be mentally prepared for 20% moves. A reiteration of the current guidance without some hint that there is upside to the forecast will likely be viewed as a disappointment by the market.

We saw a huge increase in revenues from Samsung last quarter and we simply dont know what drove those numbers. Was it an inventory build? testing of the new equipment? Apple using more materials per device?

We'll find out tomorrow.

Slacker
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