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Disks Drive to Profit.

Publication: M2 Presswire
Publication Date: 31-OCT-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 October 2006-bellwetherreport.com: Disks Drive to Profit(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31102006

Disks Drive to Profit

Intevac Inc. (NASDAQ:IVAC) manufactures sputtering systems that deposit alloy films onto hard disk drives. The Equipment division also makes sputterers used to make flat-panel displays. Used in high-performance digital cameras and military targeting equipment the company's Imaging division develops sensitive electro-optical devices. Leading customers include Hitachi Global Storage Technologies and Seagate.

Shares were up 24% after beating third quarter estimates and raising 2006 guidance.

Bellwether Report is looking at Intevac Inc. for more information on the company, sign...

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