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Strategies & Market Trends : Value Investing

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To: TwoBear who wrote (6837)	4/19/1999 10:27:00 AM
From: jeffbas	Read Replies (1) of 78568

Thanks "Two Bear". It would be interesting to find out what kind of increase in market share for vacuum tubes the company might be expecting. A really important technology advance could find people replacing all tubes now to avoid the problems you describe. A minor advance could lead to a 5 point increase in market share. Furthermore, we would need to know what percent of the business selling tubes represents with what kind of (higher than normal?) margins, to get a handle on the additional earnings potential. If it is a few pennies, who cares? Potential of a quarter would be something different.

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