August 8, 2008

Universal Display Set to Take Off

The Fool is out with an article on small cap Universal Display (PANL), a publicly disclosed Rule Breaker Selection. The article focuses on the development of their OLED technology which will be the future growth driver for the company. From the article:

"The company just reported a massive increase in commercial revenue, to $1.4 million from $390,000 a year ago. That's a threefold rise, with sugar on top. Of course, Mr. Market couldn't see past the dropping total revenue -- development contracts keep falling off the table -- so the stock is a little cheaper today. Universal Display is becoming a business for profit, rather than a development house for fancy science-fictiony technologies."

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