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SamsaricSufferer

SamsaricSufferer
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  • Uni-Pixel Claims Victory With 3 Purchase Orders [View article]
    After using Google translate the page does state that average yield is 75% with some batches reaching 80%. Please be more precise in the future. Your original post stated that their yield was 80% not the 75% stated here. That is part of the problem on both the bear and bull side of this argument. People color their view in the best possible light. This exaggeration leads to a breakdown in trust on both sides. Chris used very conservative numbers in this article to avoid that problem.
    Nov 11 10:38 AM | 4 Likes Like |Link to Comment
  • Uni-Pixel Claims Victory With 3 Purchase Orders [View article]
    The article is mandarin Chinese, machine translated into english. While it is possible they are stating they are achieving yields of 80%, it can also be read that if they achieve 80% then cost reductions of 10 to 20% per module are possible. The translation is very stilted and UNCLEAR due to this being a machine translation. All nuance is lost and it is hard to know exactly what they are saying for sure.
    Nov 10 07:20 PM | 2 Likes Like |Link to Comment
  • Uni-Pixel Claims Victory With 3 Purchase Orders [View article]
    I think the point is if you have a product that you sell for $15 that costs you $1 to produce you have a 93.3 gross margin. If you have a 50% yield your cost increases to $2 out of $15 you have an 86.7% gross margin. Your gm has decreased 6.6% yet you still have $13 gross dollars for every unit. Most manufacturers would KILL for a gross margin of 86.7%. That is the kind of gm you see for software companies. The fact that the capital expense for the manufacturing lines is an order of magnitude less than ITO, plus the performance improvements seen using UNXL's additive process means that once UNXL get's up to full steam production they potentially could dominate touch for the foreseeable future.

    I think the fact that they are focusing so much effort on quality assurance through testing this early means they know exactly what they need to do to build a LASTING manufacturing franchise in touch screen technology. It was prudent for UNXL assure quality over volume at this point of the game. It is better in the long run to deliver lower volumes of very high quality product to start then ramp up than the reverse.

    I think management over promised AND under delivered in their projections earlier in the year but have taken the necessary corrective actions to deliver high quality useable product.

    As far as disclosing the yields, Killon made a point to note that no manufacturer of touch, ITO or otherwise, discloses yield, why should UNXL? It is proprietary, privileged, corporate information. Find one touch manufacturer that discloses their yields and post it here and I will agree that UNXL should disclose also.
    Nov 10 03:09 PM | 8 Likes Like |Link to Comment
  • Uni-Pixel Claims Victory With 3 Purchase Orders [View article]
    Peter Shin, COO of UNXL was a Senior VP at the Samsung Research Center prior to joint UNXL. It would be very likely he has many contacts within Samsung lending credence to the speculation about Samsung being the Korean JV partner. Since most large scale industrial production is controlled by a very few, very large conglomerates (called chaebol in Korea) the list of potential Korean JV partners is very limited to start with. The hiring of Peter Shin in late 2012 was all the evidence I needed to dispel the fraud stink that the more unscrupulous shorts used to try to manipulate UNXL's price earlier in the year.

    http://bit.ly/10Ujx2q
    Nov 10 02:49 PM | 7 Likes Like |Link to Comment
  • Uni-Pixel: A Picture Is Worth A Thousand Words [View article]
    The resolution of the human eye is 50 microns, not 20, not 5 or 6. The human eye cannot resolve ( translate that as SEE !!!) an object smaller than 50 microns. A human hair varies in width from 50 to 100 microns as a comparison. The photo's are BS and are either Photo shopped or not Uni-Boss to begin with or an artifact of the video source behind it. What you are definitely not seeing is the UniBoss screen.

    I always love the timing of these hit pieces. They come out on a Friday when the market volumes are lower for maximal effect.

    I have no problem with someone selling short. I short stocks myself. It is just another trade. What I have a problem with is distortion to the point of lies. That is what this article is a pack of lies. This will all be settled for sure before the end of the year.

    One more thing, clean and trim your d@mn fingernails before you take a picture of them. Personal hygiene counts as a proxy for judging your "analysis".
    May 31 02:11 PM | 9 Likes Like |Link to Comment
  • Dispatch From .U. Mass Symposium: UNXL Looks Green To Go [View instapost]
    The resolution of the human eye is only 50 microns. The myth of the mesh being visible is exactly that. There is no reason to have to print at less than 5 microns EVER. The cost of materials given the process is negligible. The PET film is the biggest chunk of the COGS. Kodak's ability to manufacture high quality PET film potentially decreases defects and raising yields. Every additional touch screen produced beyond the modeled 70% yields stated by management drops almost 100% STRAIGHT to the bottom line. Every 1% increase in yield at 1M units per month printed will result in 10,000 additional units or $200,000 per month or $24,000,000 per year, virtually all net profit. The Kodak deal was a great deal for both companies. The JV is an vertically integrated manufacturer of touchscreen film which gives UNXL and Kodak the best of both worlds. The one of the best things IMO is that they will manufacture in the USA and reemploy a highly skilled Kodak workforce in an economically depressed part of the country.
    May 16 05:26 PM | Likes Like |Link to Comment
  • UniPixel: Hey Citron, Where's The Beef? [View article]
    JTB, confirmation bias is powerful drug.
    Apr 19 04:19 PM | 1 Like Like |Link to Comment
  • UniPixel: Hey Citron, Where's The Beef? [View article]
    All of a sudden you see these profiles pop up on these short thesis articles with one comment, no profile and we are supposed to believe they are credible. Nobody in here has been shown to have anything but a noble motive, right?
    Apr 19 02:35 PM | Likes Like |Link to Comment
  • UniPixel: What's The Deal? [View instapost]
    Why would Bernard Marren, one of the directors, gift his grandson UNXL shares if it were a fraud? If I had even a lingering doubt it was gone after I saw this SEC filling: http://1.usa.gov/105etdR

    If he want to give something that would grow in value, tax free, it is a perfect gift.
    Apr 2 07:47 PM | Likes Like |Link to Comment
  • UniPixel: There Will Be Blood [View article]
    "This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements, including with respect to the duration of the repurchase program. We do not undertake to update our forward-looking statements."

    Securities Act of 1933 - Section 27A Safe harbor statement taken from a Bershire Hathaway news release, another notorious pump and dump operation.

    http://bit.ly/10gX0gY

    yes, I footnote my posts and provide facts to support my reasoning. I don't make a priori claims based on circular logic. "It sounds to good to be true so therefore it must be false". Perhaps you should heed this quote: "There is a principle which is a bar against all information, which is proof against all arguments and which cannot fail to keep a man in everlasting ignorance - that principle is contempt prior to investigation."

    Taken from the Big Book of Alcoholics Anonymous.

    Enough said.
    Mar 26 10:13 PM | 1 Like Like |Link to Comment
  • UniPixel: There Will Be Blood [View article]
    ECD/OCD is purposefully trying to co-op the debt concerning UNXL without adding constructive information. If you look at his/her posts on other articles they too take this haughty and demanding tone. They employ derision and obfuscation to stir things up and draw attention to themselves. By adopting the role of prosecutor in the court of UNXL opinion, ECD seeks to become the center of attention. Somehow this feeds a psychological rather than a financial need.

    ECD is simply put, an online Drama Queen.

    ICD - 9 coded diagnosis is 301.83, virtual or online subtype.
    Mar 24 12:53 PM | 1 Like Like |Link to Comment
  • UniPixel: There Will Be Blood [View article]
    Scott,

    This is another well written article. I appreciated the "Investment as War" metaphor. It is particularly apt here. Your article is the first to articulate a cogent short thesis. I want to be able to entertain all the possibilities. I believe my single biggest enemy as an investor is my confirmation bias. The more open I am to the possibility I am wrong the more comfortable I am with my choices. I am comfortable being long UNXL.

    I would like to note one new piece of information. People are betting something big is going to happen very soon. Chris noted on StockTwits the incredible jump in option call volume. Option volume was 24K today versus an average daily volume of 6K. The action was predominantly in strikes deep ITM. The April $10 strike caught my eye in particular. 2000 contracts traded today at 22.90 against an OI of 483. I believe all 2000 will prove tomorrow to be an opening position. Translated into English, someone took a $4.58M position in UNXL today betting UNXL will go up very soon.
    Mar 21 11:48 PM | 3 Likes Like |Link to Comment
  • Uni-Pixel: Still The Best Investment For 2013 [View article]
    Given the slime margins on PC's, I think a $20 discount on an integral component would be a considerable inducement. It would defray the costs of touch enabling more of a PC manufacturer's product line. Touch input support is one of the most significant changes to this latest version of Windows. This is MSFT's effort to drive more utilization of this feature. iPads and other touch enabled tablet devices IMO are one of the primary reasons for the continuing decline in PC sales. This is a huge threat to MSFT and the $20 discount is an effort to reverse or slow that decline.
    Mar 6 11:40 AM | Likes Like |Link to Comment
  • Uni-Pixel: Still The Best Investment For 2013 [View article]
    Chris, This is a very well written article. It is more balanced in the presentation of the both sides of the debate regarding UNXL. It is well documented in the source material from which you draw your conclusions. I think is is better than your first article on UNXL. I found some of the language hyperbolic. That being said, nothing you in your first article has been wrong. If you were guilty of anything in that article it was simply being an enthusiastic long.

    I do believe we cannot gloss over the real risks of execution at this phase of UNXL's story. Even AAPL had execution and yield issues in the production of the iPhone 5.

    I will grant you this. When you look at the technology it is elegantly simple. The reduction in production steps to produce the finished module is a huge productivity gain. The embossing uses high speed offset printing presses similar to those used in newspapers. That technology is nearly 100 years. There is very little to go wrong with it. The simplified manufacturing process yields a product with superior performance. The result is a much cheaper touch module that has lower power consumption, improved input resolution, is lighter and thinner yet hardier and less fragile than it's ITO counterpart. This is all before you factor in the huge cost saving in scalability to larger mobile form factors. ITO screen module costs increase exponentially as you increase size to larger screens. Uni-Boss touch screens, already cheaper with higher performance than ITO, have costs that scale linearly into larger screens. The Uni-Boss value proposition becomes increasingly overwhelming in touch screens for tablets and touch enabled laptops. Then you have to consider that the latest version of Windows, WIndows 8, is built around touchscreen interfacing like the original Windows was built around the mouse as. UNXL is a disruptive product at the center of the next big wave of change in IT.

    It is Uni-Pixel's game to lose at this point.

    Thank you for the time and effort you put into this article.

    ps - I read back over what I wrote and I see I am the one sounding hyperbolic. Like you I have done my own DD on UNXL and am excited as a result. The promise of the product is far from a pipe dream. It is quite real. I hope management executes as required.
    Mar 4 08:20 PM | 1 Like Like |Link to Comment
  • Uni-Pixel: Still The Best Investment For 2013 [View article]
    You have only succeeded in showing what type of person you are. Is it not necessary to insult anyone on here. Please post with intellectual rigor and not with childish rancor. I know precision with respect to Mr. Hoffmann's language concerning the market cap is important to you. You should speak with more precision in your insults. Please review the definition of bag holder: http://bit.ly/13CTVND. Mr. Hoffmann can only be in a profitable position with respect to his UNXL position.

    Does it bother you so much to be wrong that you have to resort to these type of petty insults? Mr. Hoffmann has responded to you politely each time you have posted your insult ridden quibbles. They are only quibbles. Mr. Hoffman quoted the market cap according to the accepted definition of market cap. You are not letting anyone in a secret that warrants and options must be included to yield a fully diluted, comprehensive view of the share structure. I LOVE it when people disagree with an article WHEN they can make an intelligent counterpoint. I LOVE to entertain both the bull and the bear case of any investment. When you have a point that may be useful to consider please return with a civil, adult post.
    Mar 4 07:13 PM | 9 Likes Like |Link to Comment
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