Friday, April 12, 11:03 AM
Himax (HIMX -7.2%) gives back some of this year's huge gains after SA contributor Dividend Monkey offers a short case. Among the author's arguments: there's still no confirmation Himax's LCOS panels are designed into Google Glass (previous), rivals such as Kopin (KOPN) and Epson have better technology, the display chip market is very cyclical, Himax's EV/EBITDA multiple of 12.5x is well above that of peers, one customer (Chimei Innolux) accounts for 31.8% of revenue, and there are still big questions about just how popular Glass will be.
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Tuesday, March 5, 12:22 PM
Karl Guttag, the microdisplay expert who noticed a Google Glass prototype appears to use a Himax (HIMX +32.6%) LCOS microdisplay panel, states in a response to SA contributor Mark Gomes' column on Himax that it's "unlikely that Google is using a Himax LCOS panel" in its latest Glass design. Guttag believes the latest design relies on a transmissive panel, and that Kopin (KOPN +3.7%) and Epson (among others) are more likely suppliers. Himax is currently trading near the day's highs. (earlier)
Wednesday, March 14, 2012, 3:43 PM
Needham cuts its rating for Kopin (KOPN -5.8%), a supplier of semiconductor products and microdisplays for mobile applications, to Hold from Buy and forecasts a $0.01 EPS loss in 2012 vs. a prior $0.26 gain. KOPN's military segment is being hurt by Defense Department budget cuts, the firm says, forcing the company to forecast weak guidance.
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