smoke and mirrors 1 Jan 2014 05:40
The new president fired the sales people, CFO, and others have left. He has no previous Presidential experience and it shows. About 70% of e2v semi die is owned by Arrow and they are cutting back their die buys significantly due to sequestration so this will have a major impact on sales in the US. they are losing market share to TI and others at traditional e2v accounts on ADC's as competitors are passing them. They will show continual dips in the semi marketplace but will that be offset by other areas of the company? I don't think so. I'm going to watch this stock fall and then buy when it hits 100 again. Right now it is a foolish buy. There is no way this Titanic goes to 200, lol.