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Some European tech names are higher in early trading after rallying across the pond in the wake...

Some European tech names are higher in early trading after rallying across the pond in the wake of a favorable German Constitutional Court ruling. NOK +2.5%. STM +4.9%. ALU +3.5%. ASMI +2.4%.
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  • malc9141
    , contributor
    Comments (190) | Send Message
     
    Yes, the German Court ruling helps but this company ismn't the same as its trailing data suggest.
    It's got the best manufacturing of the "position sensors" (my phrase) used by Apple & others; a novel high voltage chip that improves the efficiency of the inverters that convert low DC power to high voltage AC power in Solar Panels; chips for radar application for cars (eg"brake, you idiot"); and it has restructured its workforce.

     

    Some say, It's more expensive than TI or AMD. But it isn't making the same things.

     

    I don't regard its patents as a moat, but its technology for its products give it an advantage. Is this a significant advantage? How can I know, but an advantage it is.

     

    I now hold STM stock.
    12 Sep 2012, 01:52 PM Reply Like
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