Member Info for Lindon

You worry me buddy, you truly do, hope you don't regret it & don't panic if the ride remains bumpy for a while. Carclo announced their agreement to develop CIT's revolutionary fine line technology with Atmel 9/12/2009. In that announcement they also spoke about installing the new plating equipment for it during 2010 & that volume production would commence during financial year 2011. There was no mention way back then about having to overcome some highly complex validation problems before volume production of a saleable product could begin. Half way through 2013 we are still waiting. That's why I say be prepared if the ride gets bumpy for a while. It sure has been up to now! Remember that the sp hit a fiver at one stage... you saw what happened this week. And that's where we are... there is a whole world of difference between 'volume production'.... In otherwords volume capacity... & volume production of a saleable product... In other words yields. There is no point in turning out 300 million sqare feet of crap film per annum!!! No process ever churns out 100% good product. The yields (numbers of good product) will preferably need to be north of 80% in order to be commercially viable. Too far under this figure & the 'waste' cost impact... makes it less so. This is why; OEM's globally, sell millions of any given model & obviously need to be sure they get supplied in the numbers of Xsense to equall those product volumes. CIT's success ( not saying Carclo here) is to a very large degree in the hands of Atmel. The new head guy at Atmel in answer to a question from The Wall Street Transcript (TWIST) about Xsense on 27th of May said that one of their main overriding targets this year is to get their new plating process fully validated & quickly move into volume production in the 3Q. ( he meant the good stuff!!!) They have since stated that will be the 1st month of the 3Q.... July... Atmel 2Q results are due 1/8/13. Enjoy the ride!!!

Lucan... Thank u. The only way I see it is if anyone can't afford to lose all the money they invest.... then stay away from new technology stocks. As I've just said to booboodog.... Think of snakes & ladders.... On the very last throw of the dice you land on the last but one square... the one with the snake head that goes all the way back to start. New tech stocks are notorious for it. We're betting... & to me that's the only way to look at it.... we're betting that we don't land on that last but one square. Having said that... I DO believe that this one is a pretty safe bet.... I dont think we are going to land on that bad square. But no guarantees. It COULD happen. To me the saving grace in this one is the rest of the company is sound... to me that underpins my investment & lessens the risk profile.

Ah...understood! The money for those phone screens was of course part of the £0.7 mill in the CIT revenue figure in the finals. I didn't understand at first... how come only £0.7 when they also got £6.4 mill from Atmel/Asus. That of course was a prepayment that they expect to unwind over the course of the rest of the year so wouldn't be counted in last financial years revenue figure. Actually Im still not clear if the projected £8 to £12 mill for this year includes that unwinding. It's something I've yet to clarify for myself. I agree that an sp drop is good if it opens the eyes of inexperienced folk before they get too hurt. New technology stocks are almost the most exciting thing in the investment world but also the most dangerous. They remind me of snakes & ladders. You get to the penultimate end square which contains the snake head & you slide all the way down to 'start' . I completely understand that you didn't mean to mislead anyone... No probs on that whatsoever... Half the trouble with the Atmel's of this world is the language they use to explain things. Them & analysts take some understanding at times. You can't beat doing your own DD on every blessed word they speak.... so easy to get mislead. That's why I trust CAR' management team... I understand them, they admit when they have made a mistake, & very happy with the company as a whole... but I still do my DD. My mantra is :Assume & presume nothing & trust no- one! Do ya own DD & then ya gotta fighting chance!

I've been in for years because I've always trusted the management to grow the company. No I didn't get any more, my CAR boots are full now. Where have u heard about the 'millions' phone release'? To be honest I haven't done any DD on that part of things yet. I can't remember but thinks that CAR have already been paid for those screens so won't be any more monetary benefit to CAR. But it will provide another element of comfort that the tech works ok & has the potential for further interest from companies from that part of the world.

Hey buddy... sounds like u need to get one of them new Xsense smart phones from India... Then u can trade from the loo when at work.:)

Lucan... I'm sorry you sold... In my opinion you shouldn't have, if I we're you I would buy back tomorrow whilst the price is still low. My opinion may well be wrong. There is no way... whatever opinion an individual may have is going to move the market even one penny. The trouble with new technology stock is that people get carried away in the excitement & just don't stop to consider that there may be a risk. That was certainly proved in the last well know tech boom. A lot of people lost the lot. As I pointed out Carclo ARE a good company even without CIT. There is always risk with any company but its my belife that theres very little downside to them given the relative success of the other fields they operate in & what they hope to achieve in the future. There IS a risk with CIT. it is wrong, wrong, wrong to say otherwise... It's basically the last remaking risk to the succsess of Xsense. They say they are in late stage validation. All I'm saying is... untill that process is confirmed to be successful then that risk remains. The succsess of Xsense is NOT guaranteed. I've just learned from a guy in the states that Asus have said they planning to release a new MeMO HD Pad that will incorporate Xsense screens... I have no reason to disbelieve the guy because I know from long experience that he simply doesn't do hype .. but even so this should be treated as hearsay until proven otherwise. IF... It is true and AS the 2 new print lines have NOT been qualified yet... then the screens for this new model must be coming from the original batch that Carclo delivered to Asus last December & will form part of the unwinding of the £6.4 million prepayment that Carclo received from them. Asus couldn't make an announcement like that BECAUSE of that remaining risk. My bet... & I can assure you it's a pretty big one... & I'm feeling a bit sick about the current sp price too... Is that the lines WILL get validated very shortly & that clear blue sky will follow. I'm sorry you sold some based on what I said Lucan but I'm not sorry that I've mentioned that there IS still a risk. I was investing in the dot com boom & survived it very well thanx... but i know plenty who turned a blind eye to the risks & lost thier shirts... some still havnt recovered. Who knows... you may have made a good decision, only you with your own money can make the decision on what to do with it. Wish u well.

... In the likelihood that there won't be any more news from Carclo for a few weeks, & the sp staying depressed, it would be good if Atmel announce that they have finally cracked the validation nut... like yesterday!!! Hopefully that would enable the MM's to move on from where they are at the mo!

Bobble: My comment "I understand now that there may have been some firings over these delays" wasn't based on an article, it was based on a conversation I had with an Atmel invester... last week. Its because its basicly hearsay... I said "may have been" . Having conversed with the guy before I don't have any reason to have doubts that its not true. He was referring to delays up to end of May, he also said that Atmel believe that they now have things "going in the right direction" I hope he was speaking the truth because, to me thats positive news, it comes across that action as been taken to get things resolved. We are now in the middle of June.

The 8 to 10 million is CAR's guesstimate based on ATML's guesstimate of this financial year... not next year. CAR also said that years beyond 2013/14 are looking "substantial'. I think it's important to not underestimate that this is very sophisticated stuff & the OEM's are not going to rush out massive new product launches with Xsense incorporated until they are entirely comfortable that this ground breaking new technology will stand the the test of time in the end users hands. Hence even Asus, who are well on board with Atmel & Xsense, have just launched their new Zen/Infinity series with ITO scrrens, not copper mesh. On top of that, both Carclo & Atmel DO play things mega cautiously. Slowly, slowly, catches the monkey!

... are shaking the tree!

Yes of course Asus is using Xsense, but they admit that its not included it in ALL the MeMopads produced since it became available to them. They wont publicly identify how many & neither will they publicly identify which have Xsense & which have ITO. If you bought one you wouldn't know which was which. It suggests to me that they are sitting back & waiting to see what volume of complaints may be generated... If any... & that it stands up to normal public use. Atmel have also said that they expect OEM,s to initially want to feel comfortable before branching out into any curved products. It's going to take time, it's ground breaking, very sophisticated new technology & entirely understandable that Asus haven't included it in the launch of their latest products which DO have the new family of Atmel 'T' series controllers. On a further note, I believe the 'unnamed Asian mobile manufacturers' are Indian.

Hi Lucan, yes I still rate it as a strong buy. Even more so on any weakness. It was always going to be marked down simply because everything is focused on CIT at the moment & the admittance that Amtel are still behind on resolving the quality control issues. The results are ok...ish, but they will been seen as disappointing by the analysts, no real worries tho... they'll get over it! I think that even if you take CIT completely out of the equation a fair price for CAR would be around £4. 50. & looking good to grow into the future, they ARE a good, sound, profitable growing company EVEN without CIT. There is hardly ANY downside as a normal investment so WITH CIT ... Wow! But there is STILL a risk with CIT & that risk... like all risks... SHOULD NOT be ignored. The sp price does not lie... It's showing that risk. They can get all the design wins in creation, they can sign up tier 1 to tier 10 customers by the bucket load. they can talk about ramping up to the sky & back... but unless they can get the new production lines validated all the talk won't mean a thing. Atmel hoped to have Colorado validated by end of February... then it was confidently expected by end of May... It's still not resolved! At a design presentation a couple of weeks ago Atmel admitted that because of these delays they have had to put several tier 2/3 clients on hold but even then, they were still insisting "end of May" I understand now that there may have been some people recently sacked at Atmel over these delays. On a slightly different subject, Xsense was installed in ONLY SOME MemoPads... NOT all. Asus will not say how many have been produced with it. Also.. just for info... At that design meet Atmel stated that Asus & probably most other OEM's would most likley initially use CIT in conventional formats until they become 'comfortable' with it before trying to get clever & stick it in curved products. But they have to get there hands on it 1st & the only way they are gonna do that is to get them print lines validated!!! Only then can they swing into high volume production with proved yields. I personally think UNXL can be ignored, whether they succeed or not. But I find very telling that they have had EXACTLY the same quality control problem... so much so that they have admitted defeat in resolving it themselves & signed up Kodak who are well recognised as THE world experts in film... to help them get it sorted... & the head honcho of UNXL himself (Reed Killion) has openly stated in thier last quarterly that Kodak will take up to 50% of any revenue that Uniboss brings in... if it ever gets off the ground. I think that says everything there is to say about how difficult this problem is. Mind you... Kodak have said that their contract with UNXL is not exclusive... It doesn't exclude them from working with other copper mesh manufacturers. Hold the front page!!!

No probs booboodog, certainly understand ur excitement. Very unfortunately tho... A controlor is a controlor is a controlor. They work with whatever the touch tech is. They don't 'contain' it. Atmel say thier new family of controllors are optimised & will seamlessly integrate with copper mesh & they therefore are plugging the fact that the OEM's can have an all in one solution if they want one. The only product out there with Xsense at the current time is a few Asus 7 inch memo pads, the film for those came from the Carclo pilot line. There is simply no way they can supply high volumes for other products until the the 2 new production lines, Cambridge & Colorado... have been validated. Colorado was hoped to have been done by the end of Februray... The last guesstimate was end of May. Hopefully we will get the current situ tomorrow but its not a given by any means. We should at least learn how Cambridge is getting on... Carclo hoped to have their new production line built... also by end of May. But people should be prepared for further delays... the quality control issues are such that highly technical problems have to be overcome before Xsense can turn from a dream into reality. They simply can't just mass produce 100,000 units, ship them off & say " there u go OEM, just be aware that 10,000 of them might have a 1 micron gap somewhere in the mesh" That is the scale of the problem that they are struggling with. They think they can overcome it... they have some of the best brains in the world working on it... even if the they haven't yet succeeded & there are further delays... people should keep the faith. Both Carclo & Atmel are sound companies with excellent management teams.

Thanx for that moyon, the fact that Asus aren't launching the range with Xsense doesn't seem to indicate that good news about the quality control issues is going to be forthcoming at the moment but hopefully we will get the current situ with the prelims tomorrow. Entirely agree about the lawsuit. Patent breech cases can drag on for years but Carclo have simply filed for breech of an NDA. (None disclosure agreement) looking at the wording of the filing it seems that Carclo don't actually know if Uni-Pixel are using their technology & hope to find that bit out in court. A fishing expedition! But thats all gone silent at the mo. last i heard it was due to start in a Texas court (after being sent back from the federal one)... on the day it was due it didnt start! that was over a couple of weeks ago. heard nothing since. Minor part of the plot tho. They gotta get that quality control sorted... Far more important! :)

My understanding is that the Atmel controllers are compatible with copper mesh touch technology (Xsense) they are also compatible with the current touch technology (ITO) They don't 'contain! Xsense. Although they are optimised for that... & Atmel are trying to offer the two as a sort of 'one stop shop' Please correct me if my understanding is wrong. Atmel have announced that the new Asus launch contains the new family of controllers, they have NOT announced that this new range will have Xsense touch technology... which is in fact understandable if the problems with quality control means further delays before Xsense can be produced in large volume quantities... but rather disappointing news for Carclo being that Asus (the first OEM to commit to Xsense via their memo pad) have decided not to include it their major new launch.

Probably because neither Atmel or Carclo have announced that they have overcome the serious technical problems associated with the quality control issues & getting the print lines qualified for volume production. Until they can do that xsense will remain dead in the water. Hope for news when the prelims are released next Tuesday.

6 days left

Atmel have experienced delays over getting their xsense printing line qualified for volume production & admit that the delay has meant putting several tier 2/3 customers on hold. In their last statement they said that they hope to have the issues resolved by the end of May. Carclo have stated that they were hoping to have the new Cambridge equipment completed also by the end of May. (I'm not sure if that also included the qualification process.) Uni-Pixel... whose share price has been driven up on speculation & hype... & is now being driven down on speculation & hype... also admit to difficulties with qualification & yeild issues. It seems that these problems are not insignificant & are proving extreamly difficult to resolve by all concerned with this coppper mesh technology. Until & unless an annoncement is made that qualification for volume production issues have been overcome & that the yields achieved are commercially viable then Carclo's sp will remain in the doldrums. At the very latest... news of progress (if any) should be annonunced in conjunction with their annuals on the 10th June. Only 10 more working days to go. It could be that we are now entering the last period to acquire Carclo at these prices & it is reasonable to think that even if there is no announcement between now & then... that the sp will start to rise the closer we get to the annual results. Even without this technology Carclo are a well respected, well managed, profitable growth company who... because of the all the focus on copper mesh... are at the moment undervalued. Lets leave all the hype & speculation to the Uni-Pixel followers... & have trust in the Carclo management team... what will be will be.

Atmel's presentation last night was niclely positive but nothing we didn't already know, they seem to be indicating end of May before they confirm how things are going in Colarado but I wouldn't be surprised if there turns out to be some sort of Carclo/Atmel joint announcement on June 10th when Carclo report on their annual results. Meanwhile the market makers will carry on doing what they have been doing & do best... making a market.

New York business wire Press Release: USA law firm Wohl & Fuchter have annownced today they intened to investigate officers & directors of UNXL for possible violations of federal securities laws.