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I thought support was building at .14. Oh wait that was last week. I wonder where "support " will build next week
I know all about Gtatq and their other technology's . I knew them before the q , (Unfortunately) . It's a sad story what happened to them. They were a promising company before Apple came along.
I believe that if they had focused on their core business instead of venturing into new territory with Apple, they would be flourishing right now, but they didn't. They took a chance and now they and their investors are suffering for it.
The fact is ,they don't need share holder value to be restored, in fact they would be in a better position if shareholder value is whipped out and that start new.
If they are producing windows and gtat's furnaces can't produce a small screen, why would anyone want their furnaces?? The furnaces are quickly becoming obsolete .
Moore's law still applies to Gtatq's technology. It's only been a year and already companies are doing what Gtatq couldn't, and doing it larger and better.
Read the one from April 20
My point is that another company can do it better. In the business world that means you get left behind.
Like I said , old tech.
By the time sales start the price will be so low that it will shock everyone paying attention.
Rubicon Technology to Showcase Largest Sapphire Window Ever Produced at SPIE DSS
Rubicon to display high-quality optical sapphire for defense in booth #1108
SPIE Defense + Security 2015
April 20, 2015 04:02 PM Eastern Daylight Time
BENSENVILLE, Ill.--(BUSINESS WIRE)--Rubicon Technology, Inc. (NASDAQ:RBCN), a leading provider of sapphire substrates and products to the LED, semiconductor and optical markets, today announced that it will be showcasing the largest sapphire window ever produced at the SPIE Defense, Security and Sensing 2015 exhibition from April 20-24 at the Baltimore Convention Center in booth #1108. Very large, thick sapphire windows are in demand for defense, aerospace and optical applications.
Using technology developed over the past three years, the sapphire window Rubicon will display perfectly combines the durability and optical clarity necessary for use in defense applications. At 17 inches wide by 25 inches long and 1 inch thick, the as-ground window marks a manufacturing breakthrough in the sapphire industry. Previously, production methods were incapable of supporting the growth of sapphire crystals at this size.
“Through our new production process, we are confident that we have developed the largest sapphire window ever exhibited in public,” said Hap Hewes, Senior Vice President, Optical at Rubicon Technology. “Along with size, the window provides unmatched optical clarity and durability for customers seeking windows for high-performance applications. In the future, these windows will be utilized in both defense and industrial applications.”
Sapphire as a material is desirable in both defense and high-performance industries due to its hardness and strength, transparency in the visible and infrared spectrum, thermal conductivity, thermal shock resistance, abrasion resistance, high melting point and chemical inertness. As a result, it is ideally suited for extreme environments in a range of industries where material durability is just as important as optical clarity.
Along with the large sapphire window, Rubicon will also have a wide variety of sapphire products on display at the show, including optical products of different sizes and crystal orientation, sapphire cores, ingots, domes, windows and blanks. For more information on Rubicon Technology’s offering, stop by booth #1108 at SPIE Defense, Security and Sensing 2015, or visit our website, http://rubicontechnology.com.
About Rubicon Technology
Rubicon Technology, Inc. is a vertically integrated advanced electronic materials provider specializing in monocrystalline sapphire for applications in light-emitting diodes (LEDs), optical systems and specialty electronic devices. Rubicon has an unmatched technology platform and expertise extending from the preparation of raw aluminum oxide through sapphire crystal growth and fabrication to large-diameter polished sapphire wafers and patterned sapphire substrates (PSS), enabling Rubicon to supply custom sapphire products with superior quality and precision. Rubicon is ISO 9001 certified and ITAR registered.
Further information is available at www.rubicontechnology.com.
PRESS RELEASE
Rubicon Technology Achieves Sapphire Production Breakthrough with Largest Sapphire Windows Ever Produced
By
Published: Feb 10, 2015 9:08 a.m. ET
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Originally conceived through a partnership with the United States Air Force Research Lab, the large-area sapphire windows will be used in military, commercial and industrial applications
BENSENVILLE, Ill., Feb 10, 2015 (BUSINESS WIRE) -- Rubicon Technology, Inc. RBCN, -1.55% a leading provider of sapphire substrates and products to the LED, semiconductor, consumer electronics and optical industries, today announced that it has successfully produced the first-ever synthetic sapphire crystal of its size and thickness, meeting a key milestone in its Large-Area Net-Shape Crystal Extraction (LANCE) project. At 36 x 18 x 2 inches of sapphire, this product will serve the demanding needs of defense applications, along with future commercial and industrial applications.
Supported by a research contract from the United States Air Force Research Laboratory (AFRL) Electronic & Sensors Branch, Materials & Manufacturing Directorate, the LANCE project encompasses the development of large-area sapphire windows of optical quality for military sensing applications. Previous sapphire production methods were incapable of supporting the growth of sapphire crystals at the thickness needed by the AFRL, so Rubicon drew on its decade of experience and culture of innovation to develop an entirely new growth platform enabling the production of very large sapphire windows of up to 2 inches thick.
“Creating sapphire to meet the size required by the Air Force is incredibly complex and time-intensive, but we were intrigued by the challenge of achieving something that has never been done before and delivering a product unlike anything the market has ever seen,” said William Weissman, Rubicon Technology interim CEO. “While the project is not finalized, we are incredibly encouraged by this milestone. The potential applications for this product are almost limitless and will provide benefits to both the military and industrial applications for decades to come.”
The military and other high-performance industries desire sapphire at this size due to its strength, optical clarity in the visible and infrared spectra, hardness, abrasion resistance and thermal conductivity. The large sapphire windows produced by Rubicon are intended for use as infrared windows in extreme environments where both durability and optical clarity are important.
“The Air Force Research Laboratory identifies, develops and integrates new technologies into the U.S. air, space and cyberspace forces,” said Jamie Hoff, United States Air Force. “It is encouraging to see that Rubicon Technology has taken such a significant step in materials development to help the AFRL meet the advanced demands of military sensor technology through the production of large-area optical quality sapphire.”
Case Number 88ABW-2015-0181
About Rubicon Technology
Rubicon Technology, Inc. is a vertically integrated advanced electronic materials provider specializing in monocrystalline sapphire for applications in light-emitting diodes (LEDs), optical systems and specialty electronic devices. Rubicon has an unmatched technology platform and expertise extending from the preparation of raw aluminum oxide through sapphire crystal growth and fabrication to large-diameter polished sapphire wafers and patterned sapphire substrates (PSS), enabling Rubicon to supply custom sapphire products with superior quality and precision. Further information is available at http://rubicontechnology.com.
SOURCE: Rubicon Technology, Inc.
Rubicon Technology, Inc.
Dee Johnson, 847-457-3426
Vice President, Investor Relations
Copyright Business Wire 2015
Maybe I'm wrong. Time will tell. I've been right so far . Check my post history.
Stripping *
The longer they sit , the more out dated the technology becomes.
Think about it logically. If you were in the market for those types of furnaces , would you spend that kind of money on furnaces that couldn't produce the quality product that Apple required? If they get 200k for each one I will be shocked. You will be looking at fire sale prices at best. They would probably get more money striping them down and selling the parts.
You can still get out now and save some money!!!!
Be smart!!! It's a train wreck in super slow motion, but a wreck none the less.
Gtatq set another record low today.
I expect it to hit .09 then bounce back to .14-.15 range.
If your smart you should sell now and wait for .09's then sell at .14 .
There's still money to be made here. If you play it right, but after the bounce it's going to fall hard and eventually shareholders will be wiped out.
Mark my words it's going to happen.
Only reason I'm still here is because I lost so much money betting on them. I've been waiting to see progress, but it's clear to me now that current share holders don't matter to gtatq management.
I'm not saying they won't recover. But share holders that bought after the Q are not going to be a part of the recovery . Current share holders will be wiped out.
It's sad . And I feel for everyone who is so emotional invested in this that they are blind to the facts .
Just read the chart. It's going to be ugly
If you step back and look at the chart you would see what's coming.
It's clear where this is heading and it's not going to be good for longs.
If you didn't have any stake in gtatq you would be urging people to stay away.
How will you feel if it doesn't??
.09 target price. Small bounce from there to current levels , then down to .00
Sad to watch ,really it is. I feel lucky to have got out a around .60 with only a few thousand lost.
Setting records everyday!!!!!!
New all time lows everyday.
What if this was a ploy to try and collect insurance money. You can't put it past them. People in desperate situations do desperate things. I can't wait to see the fire inspectors and insurance reports.
I don't think it will hit trips . But I'm a buyer at .05
I wonder if the fire fighters used inert gas to put out the fire? No, they used water.
Inert gas suppression systems go in server rooms . Not in million square foot manufacturing plants. Inert gas won't displace the heat and suppress the fire quick enough in a room that large.
Instead of saying it's false why don't you provide some proof
Google it ,then you can "consider the matter closed"
Are you suggesting that only one went off?
I own a construction company. Don't tell me how fire suppression works. When one goes off they all go.
Yes because those machines are metal , which rusts when a fire suppression systems dumps water on it, and those metal machines are also filled with electrical components that can't handle getting wet.
And gt entered in the contract without a full understanding of what was written .once again The fault of GT's management and no one else
That document sounded like a child trying to blame everyone else for its mistakes.
He should've put his big boy pants on and walk away but he didn't he cowered and now this is the end result.
Gt allowed it to happen . The second Apple said they wouldn't build the back up power gt should have stopped everything thing right then.
They invested millions of dollars in that project without a Safeguard in place for something as simple as a power outage.
Read it months ago . Lack of a backbone was the main cause of their failure
Sounds like they had incompetent management , they knew what they needed and they allowed Apple to make such an important decision knowing full well that it was going to be a serious problem
Because Adequate is not good enough when your operating at that level.
The power supply was insufficient because gt allowed it to be. They knew what they needed and they allowed Apple to bully them.
What is Merlin? Please tell me...
it's a better solar panel that can seamlessly replace older less efficient solar panels . With a longer life span and can operate even when damaged. To a certain extent.
Obviously you have never been involved in a rehab/ remodel. when you're done that building it is built the way you want it not the way it was before. It's the same shape but the inside is new and built to spec. Meaning they built it. If it was insufficient it's their fault and no one else's
After first solar they came in remodeled ,and rehabbed they whole facility. they even redid the electrical so that it could handle what gt was trying to do. The building was there but it was redone for gt. (essentially a new building ) the least they could have done is implemented their own solar tech in the process.
And the fact that it wasn't is funny!!
The building was built for GT by Apple and was built to GT's specs.(at least it was suppose to be built to their specs)
Merlin is their cutting edge solar tech, and it should have been implemented on their building