Orbotech Ltd. (NASDAQ:ORBK)
CAPS Rating:
The Company is principally engaged in the design, development, manufacture and marketing of yield-enhancing, production support solutions for specialized applications in the supply chain of the electronics industry, primarily for PCBs and FPDs.
RSS Headlines
Fool UK
Recs
(Q2 2007) Orbotech posted net loss for the quarter which included 2 write-offs.
Orbotech expected lower revenues in the FPD market for 2007 but not as low, causing their shares to be very depressed.
However, Orbotech expects FPDs sales to pick up in 2008.
My thoughts? the shares are close to bottoming out. Next year (2008), with the Olympics in China the FPD market should heat up again!
My guess is Orbotech will eventually start moving up towards Q1-2008
Risks? Always, but I would not count the company being based in Israel as one of them.
I should know, It's my home.