Mucho --
I agree with your analysis for several reasons. One, I don't think any analysts are factoring in the second line from PIRI. At the annual meeting Don said it would be up within 12 months. Just doing the numbers based on PIRI's current revenues using one line on one shift for only 5 days a week, ramping to 7/24, then doubling for a second line, I think you'll find growth rates considerably higher. H&Q is estimating 140% y/y rev growth for 2000, and beyond that I believe they're basing their numbers on current capacity.
Two, I doubt analysts have factored in the full extent of the extended contracts with JDSU, Corning, and I believe ALA. (They're listed in H&Q's May 26 report.)
Okay, on a slightly different note, here's the conference schedule from SDL's web site:
>>>>>>>
SDL anticipates participating in the conferences listed below.
June 12-13, 2000
CIBC Communications Conference
New York, New York
August 2-3, 2000
U.S. Bancorp Piper Jaffray Communications Conference
Boston, Massachusetts
September 11-14, 2000
DLJ Annual Growth Stock Conference
New York, New York
September 18-22, 2000
Banc of America Securities Conference
San Francisco, California
November 13-15, 2000
Warburg Dillon Read Telecommunications Conference
New York, New York
>>>>
Pat |
