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AVX Corporation

AVX position long Marty Whitman

Thesis

AVX has a strong financial position with cash well in excess of book liabilities, indicating a solid investment opportunity.

Did it work?

inconclusive confidence: low

The thesis is a long case based on AVX's strong balance sheet (cash in excess of book liabilities), but no price performance and no time elapsed are provided, and the thesis cites no specific catalysts or events that can be verified as having occurred. With no return data and no confirmable thesis dynamics, there is no basis to judge success or failure.