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Replies to #1614 on STOCK ISLAND

Lotto123

09/15/14 9:27 AM

#1617 RE: Da Ghost #1614

lol...pounded on their turds before... :-D

pagello

09/15/14 5:07 PM

#1621 RE: Da Ghost #1614

RBCN- ,

Using sapphire glass on chips. Should see benefits down the road.

http://www.fool.com/investing/general/2014/06/23/what-does-a-sapphire-switch-mean-for-corning-gt-ad.aspx

Meanwhile, Rubicon is off more than 40% from its 52-week high as the sapphire wafer maker has yet to benefit from an increase in demand. That said, the company's revenue is expected to increase 56% this year as developmental costs transition to production revenue.

The only problem is that sapphire costs remain high, and Rubicon's large inventory has led to unexpected charges for the company, in part due to a rise in samples like the ones with Samsung. Like GT Advanced, if large-scale production becomes a reality, then Rubicon has a lot to gain in this space.