Il Padrino,
I have no idea of the cost of a substrate, I'm sure it's substantially lower for a cell phone or camera then for a laptop, and very much higher for a large flat panel TV. I also don't know CTKH's capacity, but I'm sure that it's fairly substantial, especially with the 6 new ovens.
What I am fairly confident of is that 1.6 million substrates is a small number when you compare it to the total number of cell phones, laptops, monitors, flat panel TV's, etc. that you routinely see being sold. We need to remember that CTKH sells internationally, and these products are being sold internationally.
When I think of all the people here in the U.S., I'd be willing to bet that at least one quarter of the population buy one or more devices that contain a substrate a year, that would be about 50 million devices. The U.S. certainly represents a wealthier part of the world, but if the numbers are more like one in ten worldwide, the number is still huge, but look at how it should grow in the next ten years.
I suspect that in ten years you won't see a single CRT any more in the stores. Practically every new car will have both navigation systems and entertainment system. We'll all still be trading our cell phones every few years for the new ones with more whistles and bells. The average home will have at least one large flat panel TV, probably more. Etc. etc. etc. Then if it turns out that most batteries in portable devices are replaced with fuel cells, and fuel cells include some ceramic media, you get some idea of the potential.
Now I certainly don't expect every bit of media to sell for $50, I suspect that in many cases it won't even sell for even one, but the numbers will be so big that the profit potential will be huge.
CTKH doesn't need to get much of this business, just a small percentage could make us all wealthy.
Gary
