Archive for July, 2011

Interesting Semicon and Intersolar show in S.F.

We attended the combined Semicon West and Intersolar convention in San Francisco last week. We saw a number of old acquaintances and made some new friends as well. Seems like this year’s event was busier and with more buzz than last year. Overall industry optimism seemed greater and most people that we talked to said that traffic at their booths was up.

We are excited about the opportunities to value and resell solar technology equipment. Unlike semiconductor tools, which are more standardized, valuing and reselling solar equipment has some challenging aspects as there are multiple tool platforms and competing technologies. We expect that as the solar industry matures and several technologies become dominant, tool standards will emerge and a more structured secondary market will develop. We plan on staying very much in tune with these developments.

Busier Summer Than Usual

Over the past few years we have seen summer appraisal activity fall off, but such is not the case this summer – thankfully so ! We have been quite active with varied appraisal projects including an alternative energy – cogeneration plant, a number of semiconductor tool residual analyses, a surgery center and a life science company. We were particularly pleased with the positive feedback we received on our cogen plant appraisal as this involved the application of the cost, market and income approaches to value.

We will be making a swing out to the East Coast in August as we update our inventory valuations for a computer and consumer electronics distributor. We will be conducting inventory audits along with our valuations.

We won’t make the International ASA convention this year in Washington DC but are looking forward to several other ASA, CFA and ELFA events coming up in late 2011 and early 2012.

HVVi Semiconductor Auction Success !

Let’s do quick some math – take over 100 registered bidders, from a dozen countries including the U.S., plus fair market prices bid for all equipment and you get an equation for a successful auction. We had all those numbers last week come together for a great auction sale ! Thank you to all who participated. We hope you enjoy your purchases and they are put to good use.

The online auction format has proven once again to be a conducive venue for conducting sales and prices realized exceeded our estimates, but not our expectations. We know quality, well-maintained equipment when we see it.

Best wishes to all at HVVi who believed in our advice, efforts and skills. Thanks to the teams at Upstream Value Group, Hammer House Advertising and NextLot for all their efforts to ensure a successful sale.  Oh, and way to go the AR team – yeah !

Not resting on our laurels we await our next auction project and look forward to again rolling up our sleeves and getting the job done and done right !!