Thanks for the comments. Harold Simmons doesn't necessarily KNOW, he believes...
I urge you and any TIE long (believe me, I am hearing from them directly) to go back and review the history of AVX (or KEM or VSH) in the tech bubble. I listened to the presentations - tantalum capacitors were always going to be in high demand. Specifically, look at inventories and margin levels: where were they prior and where did they get to at the peak. This is a red flag situation in my opinion - capacity running full, adding capacity, yet inventory rising faster than sales.
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Thanks for the comments. Harold Simmons doesn't necessarily KNOW, he believes...
Aug 23 09:43 am
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All Comments by Alan Brochstein »Titanium Metals Is Going Down [View article]
I urge you and any TIE long (believe me, I am hearing from them directly) to go back and review the history of AVX (or KEM or VSH) in the tech bubble. I listened to the presentations - tantalum capacitors were always going to be in high demand. Specifically, look at inventories and margin levels: where were they prior and where did they get to at the peak. This is a red flag situation in my opinion - capacity running full, adding capacity, yet inventory rising faster than sales.