Tuesday, July 31, 2007

OLED (Cambridge Display): YEEEEEEEEEE-HAAAAAAAAAAAW!!! VIVA OLED REVOLUTION!

It's beginning! Yes sir it is. I looked a while back into Cambridge Display and between that and Universal Display (PANL), PANL was easily the way to go. Cambridge doesn't hold a candle to Universal Displays technology, patent ownership and penetration and just today, it agreed to be bought out by Sumitomo Chemical for $12 a share. They are essentially buying their expertise, not their tech. And look, off to the races. OLED has doubled in one day. Now even tho I don't own it. I have a solid understanding of the Organic LED space and this just means nothing but good news for the industry in general where there were really only 2: The champ, PANL and the distant runnerup OLED. To me, it's just validation that investing in this space is a good bet.

PANL's technology is already showing up in a number of consumer devices that debut earlier in the year. From Samsung Laptops with OLED backlights that double the battery life, to Sony MP3 players that have 50 hours of life to the big mama, Sony OLED TVs that are 3 millimeters (MILLIMETERS!) thick and have 1,000,000 to 1 contrast ratio that has imagery that's better than life. In comparison, the best offering currently out there besides OLED TV is 14,000 to 1.

According to my calculations, if PANL were to be bought out in a similar fashion that OLED was, it would be a $35 - $40 dollar stock. So yes, today was OLED's day but I patiently await PANL's homecoming. VIVA ORGANIC LED!

Read more about Cambridge's Takeover