| An SI Board Since May 1997 |
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I recently stumbled across Kei in a Knight's technology press release. They are a test and measurement company which has long supplied specialized ammeters and voltmeters for various research and testing applications and as I understand sell systems to Motorola etc for testing of boards and components. Over the past two years they have invested heavily in semiconducter testing systems and recently introducted what they call the Quantox system based on technology purchased from IBM. They have reported losses for the last 2 quarters after several years of profits, but expect to return to making money next quarter. Also the balance sheet is not ideal with debt of 16 million and not much cash. However the company has a long history appears well managed and has 120 million in sales and a market cap around 85 million. The wild card is the new semi system which is just now in beta testing. They are part of some alliance with knights technology (just acquired by EGLS) along with advantest and several other big players with the goal of developing a comprehensive yeild management system. I would appreciate any opinions and especially comments concerning the prospects of the Quantox system as I have no semi background. Sorry to ramble on.
joby
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