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Technology Stocks : IMPX - When Will the Dead Money Awaken? -- Ignore unavailable to you. Want to Upgrade?


To: slob who wrote (373)6/25/1998 5:08:00 PM
From: Fiddler  Read Replies (1) | Respond to of 532
 
Wow, that was quick! It's a little more than that:

"The long-term program will develop new analog and mixed-signal integrated circuit (IC) wafer-manufacturing technology based on an existing IMP BiCMOS process."

This should afford a higher premium than simply renting out FAB time, either through up-front development costs or higher prices on the products. Either way, it at least begins to capitalize on some of the recent millions spent on R&D. Also, this is a long term agreement, not a one batch, see ya, deal. We need more of these.