New Focus, Inc. (NUFO) Message Board

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Technology Stocks : New Focus, Inc. (NUFO)

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To: Jack Hartmann who wrote (8)	6/2/2000 12:35:00 AM
From: pass pass	Read Replies (2) of 475

With 578 employees, how many of them are cheap, high-school educated factory workers in China? (they do have factories in China, right?) So I don't think anyone wants to pay $10 million per worker, yet, NUFO is currently valued close to $8 million per worker. Plus, latest quarterly revenue is $10 million, let's say it will reach $60 million per year (I'm being optimistic here), the P/S ratio is still close to 60 as of today. I'll wait for it to come back to earth, besides, I think we have a fiber overflow. So many companies getting into this sweet business but only a handful can survive because a fiber optical component has to be of high quality.

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