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  • Universal Display 3Q14 Earnings Preview [View article]
    I did listen to the conference call and things went pretty much as expected. The market is focusing on the short-term, naturally. I am working on an Update article.
    Nov 6, 2014. 08:49 PM | 2 Likes Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    Here's a link to the source:

    http://bit.ly/1prfkFW

    which should always be provided.
    Nov 6, 2014. 01:32 PM | 1 Like Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    It's positive. I commented on it here:

    http://seekingalpha.co...

    Assuming there are index funds based on the Barron's 400, that would be a further positive as they would buy OLED shares, but things like that are dwarfed by the long term potential.
    Nov 6, 2014. 10:56 AM | 1 Like Like |Link to Comment
  • Rushing Toward The Cloud Crash [View article]
    I made similar comments in my original Amazon article, including lots of discussion on the limits of public cloud infrastructure. It has its place, but really can't do everything that dedicated infrastructure can, at least not cost effectively.
    Nov 6, 2014. 10:44 AM | 1 Like Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    Link to source?
    Nov 5, 2014. 04:04 PM | Likes Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    There's a whole recipe full of ingredients that go into these screens, such as emitters, dopants, host material. Emitters are the part that actually produce the light and UDC's specialty, where it has the best patent protection. UDC has had the technological lead in green hosts, which sell greater volume at lower margin, as well. That said, it has long been known that it others would eventually learn to produce this sort of material thus commoditizing it.

    If you really want to get into the science of what each ingredient is for here are two primer articles:

    http://bit.ly/1tIAPSG

    http://bit.ly/1CXXCKQ

    Just be warned that both are rather dated. For instance, as mentioned above, the Polymer approach is pretty much dead. The Japanese are now set to play catchup, and I think AMOLEDs in combination with Japan's new monetary policy are going to result in a resurgent Japanese export business.
    Nov 5, 2014. 12:46 PM | Likes Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    Yes, the revenue concentration was one of the two puzzle pieces identified in my very first OLED article, and acknowledged ever since. My Top Idea article pointed out that LG M2 Fab represents a huge leap forward in production capacity and thus material sales. Those material sales should result in LG converting from a development to commercial contract with UDC. Samsung did the same when their material purchases crossed a similar volume threshold back in 2011. That will be the beginning of revenue diversification for UDC, to be followed by JOLED and/or Chinese manufacturers.
    Nov 5, 2014. 12:20 PM | 1 Like Like |Link to Comment
  • 3 Signs That Apple's Next Breakout May Be Its Last [View article]
    New documents relating to GT's bankruptcy will be unsealed as the result of a judge's order:

    http://on.recode.net/1...
    Nov 5, 2014. 12:12 PM | Likes Like |Link to Comment
  • Universal Display Corp.: Moving Towards The Light And Reaching For Blue Sky [View article]
    The article is now public.
    Nov 5, 2014. 10:46 AM | 1 Like Like |Link to Comment
  • Update: Energy Recovery Earnings [View article]
    I agree with everything said, while noting that there could be much more mundane explanations. One exception: I don't think waiting for the end of a quiet period is very likely. Waiting for financing to come through before making an announcement might could be a more likely explanation.
    Nov 5, 2014. 09:40 AM | 1 Like Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    There's no way to know for sure. They do keep some inventory, but there was a report a quarter or two ago where the margin dipped unexpectedly and it seemed to coincide with the switch over. I theorized they had sold off their old stock then at a bit of a bargain.
    Nov 4, 2014. 11:10 PM | 1 Like Like |Link to Comment
  • Universal Display 3Q14 Earnings Preview [View article]
    If we're just talking materials, UDC seems to pretty much has a lock on emitters right now and its patent protection looks strong through 2020. Samsung will start making its own host materials sooner or later, as the result of its Novaled purchase. I think that's it for what's current and relevant to UDC. The Japanese worked for a long time on polymer OLED materials, but gave it up a year or so ago, leaving UDC's small molecule approach as the clear winner. Japan is now forming a massively funded public/private corporation called JOLED to play catch up. You can look back through prior articles and comments for more color.

    Of course there are all sorts of other parts to the technology stack, such as encapsulation. I've been saying that Japan's backplane technology will really be useful in moving things forward. UDC has a smattering of technology in these related areas as well, but derives almost all its revenue from materials and IP licensing.
    Nov 4, 2014. 03:02 PM | Likes Like |Link to Comment
  • Universal Display Corp.: Moving Towards The Light And Reaching For Blue Sky [View article]
    Well, you already have my thoughts from just before I wrote the article, above.
    Nov 4, 2014. 02:36 PM | Likes Like |Link to Comment
  • OLED -5.4%; Canaccord expects S5 green host share loss [View news story]
    My Pro article on this and Thursday's earnings report was just published. It should be public by 11am EST tomorrow.
    Nov 4, 2014. 11:33 AM | 3 Likes Like |Link to Comment
  • Universal Display Corp.: Moving Towards The Light And Reaching For Blue Sky [View article]
    New article was just published as a Pro article. It will be public by this time tomorrow. Here's the link:

    http://seekingalpha.co...
    Nov 4, 2014. 11:03 AM | 3 Likes Like |Link to Comment
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