NEC Corp (ADR) (NASDAQOTH:NIPNF.PK)
Provider of systems, components, services, and integrated solutions for computing and communications applications. Divides business into three major sections: IT Solutions, Network Solutions, and Electron Devices.
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Recs
Battery technology will me fueled by the big three bailout.....NEC will soar with their technology breakthroughs
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Japan Bull Market Checklist
Strong Currency...check
Low Exposure to Sub-Prime...check
High savings rate..check
Banks flushed with cash..check
Ability to buy distressed U.S assets..check
Deflationary economy showing sings of ending...check
Japan market ready for takeoff!!
Recs
The car battery technology that they are deveoping in partnership with NISSAN will have a ready market. They have a strong history of making new technology work across industries.
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much goodies in the works
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They are a leading innovator in the field of projection display and should see some higher profits coming in in the next few years.
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TOO BIG AND IMPORTANT NOT TO LIST (AND BE FOLLOWED) ON A MAJOR AMERICAN EXCHANGE
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NEC is crucial in the next stage development of Blue Ray and HD-DVD. Before NEC developed a chip to play Blue Ray and HD-DVD disks on the same player, everyone thought it was impossible to create a single chip to play both formats. This will hedge a lot of the risks involved with the new upcomming disc formats.
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as 9-14-06 Nec joins Open Invention Network as investors and licensee, hopefully will see some growth from here on.
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