DDD – 3D SYSTEMS
S. Thompson
October 13, 2012 1
Agenda
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1. The Revolution2. Investment rational3. DDD at a Glance4. 3D products5. Growth Opportunity
The technology
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When’s the last time you went to a print shop to have papers printed?
When’s the last time you went to a photo lab to have photos printed?
When’s the last time you went to Home Depot for a fitting? You drove to the mall for a belt buckle? You paid money for a kids toy? Or you wished someone would make you that adaptor for your corvette intake manifold cheap?
The printer put a print shop and a photo lab in your living room. This can put a manufacturing cell there too. Adios Wal Mart, and cost prohibitive 1 off’s!
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High tech, small/mid market cap ($2B) – growth stock
Emerging technology - Leverages time horizon
Pure play on additive manufacturing High PE, but emerging technology that is
technology limited, not demand limited. Still “Geeky” = Still opportunity.
Investment Rational
January 15, 2011
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NYSE Traded Founded Valencia, California, US – 1986 Headquarters Rock Hill, South Carolina CEO – Abe Reichental 2011 $155m Revenue
DDD at a glance
The printers
IBS 594: Doing Business in China
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15 years ago > $100k Today < $1,500
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What Can I make today?
Variety of materialsColorsComplex shapes that additive manufacturing cannot produce
Print your girlfriend some shoes.
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Community & DIY Culture.
IBS 594: Doing Business in China
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IBS 594: Doing Business in China
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Downside11
You can’t yet print unlimited double downs in your mom’s basement
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But Maybe Someday…
In the future!!
IBS 594: Doing Business in China
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(DDD)– Stock Performance
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1 year stock performance vs. DJIA
Thank YouOct 13, 2012
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Conclusion – This stock is SEXY!.. Sexy stocks cost $.
But the growth opportunities make the price palatable. And Growth is Palpable!
Questions?
Links
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Google Finance DDD http://
www.google.com/finance?q=ddd&ei=qM95UNi7KIXYlgOCHQ
CES 2012 Cube http://
www.youtube.com/watch?v=YM0B7bhwdPE