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05-08-2015, 10:27 PM
Solar will eclipse following the sudden collapse in oil prices.
Its semiconductor business remains cyclical like other technology businesses.
Perhaps the strengthening US$ has gave many tech companies some breathing space as seen from sector wide earnings surprises.
Its semiconductor business remains cyclical like other technology businesses.
Perhaps the strengthening US$ has gave many tech companies some breathing space as seen from sector wide earnings surprises.
(05-08-2015, 10:18 PM)dydx Wrote: I agree the business carries more than fair technological and cyclical market risks, but I thought we should also recognise that MIT now has 2 strong legs - Semiconductor and Solar - which are both well-established and getting stronger, over 20 years of operating history and R&D, quality/proven products, brand-name, an established customer base and diversified markets, patents, and a grow cash reserve and war chest. All these make MIT quite valuable to the right suitors.