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The Company develops, manufactures and markets technology materials and derivative precision components and products for precision use in industrial, medical, military, security and aerospace applications.
At current prices IIVI represents a solid bargain if you have the timeframe to ride out any potential bumps over the short term. The company has a strong balance sheet, with 70 million in cash and only 4 million in debt due within the next five years. The company also has strong management and has been steadily growing margins over the last 5 years.
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