Golddog
- 23 Jan 2003 13:39
Socrates
- 19 Aug 2003 23:59
- 1916 of 23498
lw
Just for future reference. If you click on your name on any page, the screen will show your profile.
If you look on the RH side of that profile page, you will see "User Settings". If you click on that you can enter your e-mail address and people can send you a private message. The e-mail address is only visible to you and the e-mail is forwarded by MoneyAM, so you remain private if you wish.
If you want to try it, click on "Socrates" and send me a message. It's quite useful.
little willie
- 20 Aug 2003 12:59
- 1917 of 23498
Socs...after all these years have discovered it also works on the old channel altho not sure if you can send mail as well.
jeffmack
- 20 Aug 2003 21:05
- 1918 of 23498
Wheres Socs?
vasey
- 20 Aug 2003 21:46
- 1919 of 23498
We should be told.....
Crocodile
- 20 Aug 2003 22:33
- 1920 of 23498
Come back Socs!
This_is_me
- 20 Aug 2003 23:24
- 1921 of 23498
Me use stocktrade - they pay interest
Socrates
- 20 Aug 2003 23:39
- 1922 of 23498
Socs is here, you just weren't shouting loud enough. I was pre-occupied looking at charts but I'm better now.
This_is_me
- 20 Aug 2003 23:45
- 1923 of 23498
Any nice ones?
Socrates
- 20 Aug 2003 23:52
- 1924 of 23498
In short, no, although that is not strictly accurate, yes. I'm pondering IQE.
And now, a political philospher joke:
Why did the chicken cross the road?
Tony Blair, "That is not the real question"!
Socrates
- 20 Aug 2003 23:57
- 1925 of 23498
And finally:
What did the Buddhist say to the hot dog vender?
"Make me one with everything."
And it's goodnight from me.
This_is_me
- 21 Aug 2003 16:34
- 1926 of 23498
Its raining - no grass cutting or tub watering, but no tennis or bbq
Socrates
- 21 Aug 2003 17:36
- 1927 of 23498
It's got to be bubbly tonight, Vasey knows why. Good old DYS, some say!
T-I-M
No sign of rain here, you must be in Manchester.
jeffmack
- 21 Aug 2003 17:37
- 1928 of 23498
Make hay while the sun shines. Doom and gloom on the way
Socrates
- 21 Aug 2003 18:06
- 1929 of 23498
Jeff
Are you talking literally or in metaphor?
hightone
- 21 Aug 2003 20:58
- 1930 of 23498
I am here and i hold IQE old socs have done since 4p (-: get in this will be be s very soon things are sounding good there and all their competors have gone to the wall.
HT.
s take a look at CRX that could really fly any time now and (within 4 weeks) (-:
hightone
- 21 Aug 2003 21:45
- 1931 of 23498
IQE could be coming out the other side
Published: 13:30 Wed 20 Aug 2003
By Joanne Wallen, Associate Editor
Email to a friend | Printable Version
Semiconductor wafer maker IQE has had a torrid time of late but there are early signs that activity is picking up and the fourth quarter onwards should show much needed signs of improvement.
Shares (IQE) are up 1.875p or 17% to 12.875p. Citywire highlighted the shares as a risky bet in March at 2.75p since when they are up more than three and a half times. We also pointed out that shrewd investor Paul Curtis had emerged with a small stake in the company at 3p, which he later told Citywire he had bought in a moment of madness.
Well that moment may not have been quite that mad after all.
Drew Nelson, IQE's chief executive told Citywire that if the company was not exactly seeing green shoots, it was certainly seeing a lot more interest and having prospective customers qualify its products with a view to future use.
He said: 'I don't expect this to show in the third quarter to September, but revenues should start to flow through in the fourth quarter and beyond.'
Today the company reported a 3% increase in sales for the second quarter to June to 5 million, although for the half-year sales were still down 16% on last year at 10 million. Operating losses before goodwill were 2.9 million for the quarter, 6.2 million for the half, down from 10.4 million last time.
Nelson said that revenues had been pretty much flat for two or three quarters but this hid an underlying increase in volumes, which had been offset by pricing pressures, and dollar exchange rates.
The company has four main businesses. Its US business makes wafers for chips for mobile phones. Nelson said this was picking up nicely. It was impacted by the Sars (Severe Acute Respiratory Syndrome) virus, but is now making good progress with the suppliers to the major handset manufacturers. He said the new colour screen phones and those with cameras built in were prompting people to upgrade their phones, thus driving demand. Nelson expects this business to reach cash breakeven in the first quarter of next year.
In Europe, the optical communications business was the hardest hit in the past couple of years. The company therefore developed a strategy to switch away from reliance on this market, and has developed new products for high power laser applications such as welding in the automotive sector, cutting DVD's and LED displays. Nelson said revenues have not yet picked up in this business, but again he expects some of the customer qualifications to translate into real revenues by the fourth quarter.
The wafer technology business provides the base materials to the other three businesses, and is very near to break even on a cash basis.
The strained silicon business could be the division with the greatest growth potential in the future. Strained silicon is a next generation product for making smaller, faster computer chips, and it could potentially be adopted by all of the major chip makers, including AMD, IBM, Infineon and Intel, although Intel tends to manufacture everything itself. Nelson said the company demonstrated strained silicon at a major industry show recently, and it was very well received.(continued...)
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2003 Citywire
Related Articles
Semiconductor wafer maker IQE has had a torrid time of late but there are early signs that activity is picking up and the fourth quarter onwards should show much needed signs of improvement.
...continued from page 1
IQE's business is as an outsourced supplier of wafers, and Nelson believes there is an increasing move towards outsourcing in the semiconductor industry.
The company had 10.7 million of cash at the end of June, down from 13.5 million a year ago.
Nelson said he was pretty confident that the company would reach profitability within its existing resources.
Citywire Verdict:
IQE has its cash and some tough cost-cutting to thank for having weathered one of the worst downturns in semiconductor history. In particular, anyone that bet the bank on the optical telecoms sector (think Marconi), is lucky to be around at all.
IQE is still likely to have a tough year or so ahead, but the signs do seem to be more positive, and the strained silicon business could turn out to be a future goldmine.
If you caught the lows and were in for a very quick profit, there should be some to take now but if you want a share of IQE's better times and are prepared for a risky ride for the next twelve months, hold.
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2003 Citywire
Need i say any more old socs ??.
HT.
vasey
- 21 Aug 2003 22:12
- 1932 of 23498
Hope you've kept a bottle at the back of the chiller, Socs!
hightone
- 21 Aug 2003 22:16
- 1933 of 23498
he did but Hic i found it (-:
vasey
- 21 Aug 2003 22:20
- 1934 of 23498
ALL of it????!!!
hightone
- 22 Aug 2003 14:51
- 1935 of 23498
Yes all of it and they will more to follow old socs i hope you bought some IQE they are flying now (-:
HT.