Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AFCO: Applied Film, Undiscovered Gem? -- Ignore unavailable to you. Want to Upgrade?

To: dayniteshadow who wrote (156)	2/24/2002 9:31:48 AM
From: John Finley	Read Replies (1) \| Respond to of 238

From their latest 10-Q: In June of 1998, the Company formed a 50/50 Joint Venture (the "Joint Venture" or "China JV") in China with Nippon Sheet Glass Co. ("NSG") to process, sell and export certain types of thin film coated glass (Note 4). nsg.co.jp IMO, probably a double edged sword. Since AFCO appears to have a piece of the "motherglass" action they will benefit from a price increase, however, depending on NSG's production capacity, a shortage of raw materials may hurt AFCO in both coated glass sales and coating equipment sales... BTW, AFCO recently filed a slew of "ownership" filings on EDGAR. I think it's all the new German officers from the acquisition. JF