Friday, February 05, 2010 10:28:00 AM
AIXTRON will publish its final results on March 11. Fourth-quarter earnings rose to 33 million euros from 7.4 million euros in the same period a year ago. Revenue in the fourth quarter jumped 42% to 117 million euros. They have surged 495% over the last 12 months.
I had sold out at $35.70 in anticipation that nothing goes up forever and the fear that a correction was coming, particularly in Aixtron since it has climbed all year long. GOOD GUESS ON MY PART; now I'm sitting with cash waiting for the market to calm down and go back up.
I will be reinvesting in Aixtron if the price drops further, to around the $24-$25 level and hope for a run-up in the market in general and then in Aixtron.
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