Any thoughts on PANL?

[Turfgrass]

UNIVERSAL DISPLAY (PANL)

Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials. OLEDs are thin and lightweight solid-state devices that emit light, making them suitable for use in full-color displays and as lighting products. The Company develops and licenses its OLED technologies to manufacturers of products for display applications, such as cell phones, moving picture experts group layer-3 audio (MP3) players, laptop computers and televisions, and specialty and general lighting products. The Company also develops OLED materials and sells those materials to product manufacturers. Through its internal research and development efforts and its relationships with partners, such as Princeton University, the University of Southern California, the University of Michigan, Motorola, Inc. and PPG Industries, Inc., the Company has established a portfolio of its own OLED technologies and materials


It looks like the next big thing? Thoughts?

The only thing I see as a problem...it's lightly traded.

Current price $9.75

 

[selkirk]

this is a company that is trying to develop a product,

2009 earnings per share -.50-.60
2010 earnings per share -.38 -.60
saw one estimate that believes they will turn profitable most have them at a loss.

since there is no earnings you are hoping for potential earnings down the road.

thanks
selkirk

 

[Turfgrass]

Yeah, I'm hopin' it'll take off like the pet rock.

Sounds like the Military would jump all over something like this for the computers in the field.

I bought @$9.75, so we'll see how it goes.

 

[Turfgrass]

Sold on Friday @19.40 It may keep going but I thought it was time to sell.