SI
SI
discoversearch

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 : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?


To: Douglas V. Fant who wrote (2767)11/16/1998 9:08:00 AM
From: Neil S  Respond to of 3029
 
Innovex Focuses on flexible circuitry

amcity.com

<<The company hopes that in five years, half of its sales will come from flex circuitry for semiconductor packages, with the balance coming from drive circuits. In fact, the company said it expects the flex market to grow so fast that it will need to use about $20 million of the $57 million cash on its balance sheet to build a new factory in just over a year, even though the current factory is only turning out prototypes of flex-circuit packaging today.

A strong balance sheet, Murnane said, gives Innovex itself some flexibility. "Because our competition is having some financial difficulty, we can be aggressive," he said. >>