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Strategies & Market Trends : The Thread

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To: Mike E. who wrote (20105)	10/26/2000 5:12:50 PM
From: vagabond	of 49816

KOPN down A-H on that earnings-release. Exactly met earnings-estimate -- .06/share -- but the CEO projected flat revenues for a while ahead. Here's that part of the PR (it was kind of buried near the bottom)... Commenting on the outlook for Kopin's GaAs business, Dr. Fan said, ``The transition to new technologies and products in wireless made our third quarter challenging. While we expect that gallium arsenide revenue in the fourth quarter of 2000 will be even with the third quarter, industry projections and our own discussions with customers suggest that we will see growth resume again in the first quarter of 2001. ``To accommodate that growth, we continue to move ahead with our gallium arsenide expansion,'' Dr. Fan continued. ``We expect that our new fab in Taunton will be up and running by the end of the current quarter. This new fab will provide highly scalable production capacity that should allow us to reduce lead times and deliver a predictable supply. Concluded Fan, ``Our aggressive ramp-up schedule for CyberDisplay has put significant stress on our suppliers. We are working with our suppliers to resolve the production issues. We are forecasting flat revenue until they catch up.'' at www.kopin.com.

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