Ann: 4Q18 Activities Update and Appendix 4C, page-41

Over the other (feels like) pessimistic thread, hunting for capitulation.
Are we near a substantial change or would you anticipate a notice Interloping?

Just looking at what stage the quartely is at in the business cycle and appreciating what the market has payed for some time in anticipation.
At what point (confirmation) or where is the line in the sand that says this is a potential buying value opportunity post sell the news (40nm) type trading activities. A (intrinsic) market cap is one way, but how does one define that at such early/mid stage, is it comparables such as peers/sector/competition and if not then my guess is, the only other way to find support is technically. Hence.

Fine having profits erode but tell that to the ones buying confirmation on 40nm, the risk adverse investor entering. Im not under significantly fwiw, just thought i was buying value around these level.

Back to basics though, i thought i would reference a reasonable thread, which seems to be washed by the way side like so many others. Consisted of competitors and technology, of which one is no longer pusuing and the other having trouble with real estate (10nm filaments). WBT to date has a plethora of significant achievements and a solid foundation whether it be basic manufacturing/ intergration (with todays technology) or the cut of the board.

As we all have different opinions just thought i would mix this in here.