"June is a big month for us and we have not seen anything yet that would result in a significant change for us". In China, right now we do see signs of a recovery in electronics. We participate broadly in the electronics industry as we are a major supplier into that industry , and what we have seen,recently, is an uptick in semi fab utilization. Semi Fab utilization is a leading indicator that we monitor and higher utilization suggests growth within the electronics industry.
The S&P 500 turned strongly north at 954am est. A few minutes after 3M made comments on the call that business is doing well.
some small caps with excellent growth potential
3M's comments are:
Very Bullish for FSII, TQNT, ANAD
Bullish for OCLR, ENTR
jWells
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