Oscuro,
I don't think there's much basis for comparison, other than the fact that they both serve the semiconductor industry, but in different ways. AEIS is beginning to reach out into other industries besides semiconductors. I think management has recognized the difficulty of being tied to one industry. PTIS will generally follow stocks like AMAT, NVLS, and LRCX as the industry goes through its cycles. AEIS is PERCEIVED to be in the same industry, and with AMAT as its largest customer its stock will generally follow as well. I think AEIS' non-semiconductor related business is growing.
Short term I think there's more downside to AEIS. I know they've announced that everyone has to take 3 weeks vacation this summer, and I would not be surprised to hear of further problems. The parking lot is not as full as it used to be <g>.
Longer tern, as the Asian situation improves and the semiconductor equipment turns back up, AEIS will do well. Their management is excellent, IMO. Watch the semi equipment stocks for signs of AEIS' turnaround. I plan to buy if it drops into the $8-10 range, which I think it will.
Laszlo |
