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IVAC Market Currents
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May 1 Hard drive equipment maker Intervac (IVAC +13.8%) soars after beating Q1 EPS estimates, and reporting its order backlog grew 26% Q/Q to $41.3M. Other HDD industry players appear to be getting a lift: WDC +3.1%. STX +3.7%. XRTX +2.2%. Needham (Buy) argues Intervac is nearing an "inflection point," with the industry due to reach max capacity by the end of 2012, and notes the company has been trading at just ~20% above book value.
Comment![Tech, On the Move, Quick Ideas]
IVAC in Focus
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at MarketWatch.com (Mar 7, 2011)
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at MarketWatch.com (Feb 2, 2011)
IVAC Press Releases and Filings
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Business Wire (May 9, 2012)
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Business Wire (May 3, 2012)
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Business Wire (Apr 30, 2012)
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Business Wire (Apr 3, 2012)
IVAC Latest Transcript
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Tue, Feb 2, 2010
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IVAC vs. ETF Alternatives
Company Description
Intevac’s business consists of two reportable segments:
Equipment: Intevac is a leader in the design, development and marketing of high-productivity magnetic media processing systems to the hard drive industry, and offers high-productivity technology solutions to the photovoltaic (“PV”) and... More
