OPTEK TECHNOLOGY (OPTT) Message Board

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Technology Stocks : OPTEK TECHNOLOGY (OPTT)

OPTT 0.447

+3.9%

10:04 AM EST

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To: STEVE HARRELL who wrote (3)	4/10/1997 11:49:00 AM
From: Jeff	of 30

Have had Optt for about a year. I bought in at 13.50 and bought when it got down to 9.00 to avg. out.Have long term contracts with major car manuf. so will be making money for years to come. Their profit margins are up there and have provided them the opportunity to pay down their former huge debt. Have talked to management at end of last Fiscal year. There goal was to get rid of debt in 96. 1997 they wanted to explore other opportunities and purchase more advanced technologies.With their cash flow,guar. contracts, and low P.E. patience will be greatly rewarded. jeff

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