Matt/Steve, any thoughts here from charts standpoint? I'm
looking under the hood.
i'm no expert, but, company has done some major writeoffs to
strengthen b/s (nominal debt load). cashflow usage, well they have
~$7 in cash, so they have a few years of cushion. the key is going
to be sales (earn announcemnt 2/1). operating exp. relative to
sales is high (based on quarterly history), if incremental CGS is
minor on increased sales, then they will look good (provided sales
increase to at least 50% above 3rd q. which would exceed 2nd
quarter sales). Intel reduced business with company last year due
to economy, however INTC has said it is increasing 2011 capital
spending, so maybe FORM will get some more business. hope you folks
don't mind my insight, I realize that BPT is a tech site, but
sometimes fundamentals give a 'swing' perspective (in my mind
anyway). of course dyodd, good luck
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Posted by hazbin1 on 24th of Jan 2011 at 08:23 pm
Matt/Steve, any thoughts here from charts standpoint? I'm looking under the hood.
i'm no expert, but, company has done some major writeoffs to strengthen b/s (nominal debt load). cashflow usage, well they have ~$7 in cash, so they have a few years of cushion. the key is going to be sales (earn announcemnt 2/1). operating exp. relative to sales is high (based on quarterly history), if incremental CGS is minor on increased sales, then they will look good (provided sales increase to at least 50% above 3rd q. which would exceed 2nd quarter sales). Intel reduced business with company last year due to economy, however INTC has said it is increasing 2011 capital spending, so maybe FORM will get some more business. hope you folks don't mind my insight, I realize that BPT is a tech site, but sometimes fundamentals give a 'swing' perspective (in my mind anyway). of course dyodd, good luck