Not a clear negativeI find the whole inverted growth aspect of IIVI interesting. When a company has so many divisions and has its smallest growing quickly and its largest growing slowly, first glance may leave something to be desired in the large division, however it seems like their smaller division is gravitating towards the position of its larger ones. Also, although they have slow growth they are not a clear negative. II-VI (in case your wondering, pronounced Two-Six) creates crystals which are used in high end military, aerospace, telecom, and medical applications, and they have 5,000 customers all over the world. 42% of their business comes from international buyers (so you know they are not dependant on the West) II-VI has a lot of expertise in creating synthetic crystals which isn't exactly one of the easier arts. They have also been experiencing solidly increasing growth rates in quarterly revenue and have an ROE of 20%, and they have lots of room for financing with very little debt. Despite what the article stated about II-VI being expensive, I think they have a lot of potential for steady growth.
https://www.stockhouse.com/Columnists/2008/June/2/Optical-materials-supplier-is-expensive?msg=39