Going Forward I anticipate a decent piece of this money to be spent on Equipment specifically to take back control of our own Epi wafer future. I don't anticipate them buying a production based machine but one that will allow them to do all the testing they want and not have to wait in line. I think it will be over seas.
I think they wil use the money from Singapore to Bulild a facility like they say, which I am excited to see happen. I hope it goes up quicker than 5 years. 10 Million is not a very big building, I just completed an 8 Million dollar facility and 3 million of that was equipment, and That was a less than 2 year project.
I will be trying to figure out which Amrican firms bought. And I am interested to see what kind of push they give. I think there are probably some intangibles that I am not seeing, and those are the ones that could give us a boost here.
I also think that FJ is correct in saying that moving forward we will be judged by our sales and not based purley on spec. I am ok with that, because I see managements plan to ramp up sales as having some legs, it will be a slower process, but it will also allow me to grab a larger position over time. That is why I am a buyer here.
BCD
