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Technology Stocks : OLED Universal Display Corp

OLED 116.38

+1.0%

9:46 AM EST

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charlyfi

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oled2b

To: litespeed2011 who wrote (11699)	8/6/2017 7:31:31 PM
From: slacker711	3 Recommendations of 29716

"We believe that we are getting closer to being able to deliver an all-phosphorescent emissive stack with the color, lifetime, and efficiencies that our customers need and want." In reading this I'm wondering if the hint is: "we already have the answer" This statement was part of the prepared remarks and sounded as bullish on blue as they have ever been. If this was from another company that I follow, I would likely interpret it as a nod and wink to investors that you could expect an announcement on blue within the short to medium term (say up to a year). Unfortunately, this is where UDC's repeated inability to live up to their statements/forecasts hits their credibility. I simply dont trust their statements in the way that I would with Qualcomm or Apple. It is one reason why I have little issue with the guidance. I consider sandbagging to be a good thing. I want a very high probability that they will be able to hit or exceed their forecasts. Regain their credibility and investors will place more trust in statements about their projections for blue or OVJP. Slacker

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