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Technology Stocks : OLED Universal Display Corp
OLED 135.50+1.0%Oct 16 5:20 PM EDTNews

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To: qddb who wrote (12599)10/4/2017 5:46:03 PM
From: slacker7111 Recommendation

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Dkjunior143

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For me I'm hoping we see an update on Samsung asap. Recall that the current agreement ending 12/31/17 was announced on 8/23/11. The longer it goes past late August the more I get antsy.


FWIW, I am right there with you. It seems like a slam dunk that UDC has the leverage here and that they should be able to demand a long-term contract on favorable terms, but the clock is ticking. I hate the idea of a short-term extension and hope UDC avoids it at almost any cost.

Fortunately, the market has ignored any possible issues with a Samsung extension thus far. I have no idea if that will remain true if they havent signed by Jan 1st.

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