. . . .LPTHA Long-Term. . . .
The routers that CSCO and others make require multiplexors, which convert the fibre-optics light back to electicity, so the routers can channel our internet data to the right location. . .then another multiplexor converts the electical signal back to light. . .
Lightpath makes these multiplexors.
But that isn't what has me excited. HA! What usually gets me excited about a stock. William, you should know this! Give up?
OK, I'll tell you. . .
When A.T. & T. gets involved, I get excited. When Lucent and A.T. & T. get interested, I get really excited. I am going to present this argument in the simplest way I can.
Now, making multiplexors for Cisco is a good business. But it was inevitable that technology would find a way to circumvent this complex process of multiplexing. And it has. . .Last week, Lucent announced their new router which never leaves lightspeed. . .in other words the fibre-optice lightwave reaches the router and simply gets bounced to the proper channel by a mirror. . easy as that. . .
Now, who makes the stuff that goes into Lucents new TOTALLY OPTICAL routers, which work at a rate about 10 times faster than the best Cisco has to offer? Well, the multiplexor that re-directs the light is made by LightChip [ lightchip.com ].
And who put up the money to fund Lightchips research and development?
Yes, you guessed it. . . .LightChip was formed in September 1997 to develop a new generation of optical networking systems with particular focus on metro and access-level applications. It closed its first round funding, led by AT&T Ventures and LightPath Technologies (Nasdaq: LPTHA) in September 1998. The company is located in Salem, New Hampshire:
biz.yahoo.com
. . .and who else? "Yup!" A.T. & T. Ventures. lightchip.com
In 1997, the company created a subsidiary called LightChip, Inc.,
which is focused on developing a new generation of optical networking
elements that will significantly improve the cost and performance
of current fiber optic networks. These new optical networking products
will enable the integration of wavelength division multiplexing (DWDM) and wavelength routing into metro loops, cable hybrid fiber/coax systems and short haul fiber applications.
And LightPath has its own optical networking products as well.. .with patents that puts them in the drivers seat: biz.yahoo.com
Mark Fitch, Sr. Vice President, explains the significance of the
technology, ''The allowance of this broad patent application by the
USPTO validates the uniqueness and innovation LightPath is bringing to
the optical components marketplace. The key technical breakthrough was
in understanding how to utilize high power lasers to fuse optical
materials of very different sizes together, as is the case with lenses
and fibers. This fundamentally new process solves one of the most
difficult problems faced in component and device manufacturing, the
fiber interface. By attaching fibers directly to other optical
components without using epoxies or special termination techniques,
costs are reduced, environmental stability is improved, alignment
accuracy is enhanced, and power handling is dramatically increased.
Although the automated technology was originally developed
specifically in response to demand for low cost collimators, we also
see numerous product applications that will benefit from this
fundamental breakthrough.''
Don Lawson, President and CEO commented, ''The addition of this patent
to our intellectual property portfolio is significant. It represents a
strategic broadening of our base technical capabilities that we will
continue to build on as we bring additional optical networking
products to the telecommunications marketplace.''
LightPath manufactures GRADIUM glass products and its proprietary
collimator assembly at its headquarters in Albuquerque. The Company
has 18 U.S. patents, plus 8 more pending, associated with its optical
technologies. In addition, various foreign countries had issued a
total of 7 patents with 10 patents pending. LightPath common stock
trades on the Nasdaq SmallCap Market under the stock symbol LPTHA.
LightPath units, comprised of common stock and warrants, trade under
the symbol LPTHU.
Then it really starts to get interesting. . . the personnel moves are what tipped me off first. "Bill Emkey joins LightChip after 20 years at AT&T Bell Labs and Lucent Technologies"
Former AMP, Inc. Chairman and CEO Assumes Role as Chairman of the Board of Directors of LightPath Technologies, Inc.
biz.yahoo.com
"Mr. Ripp most recently has served as the Chairman and Chief
Executive Officer of AMP Incorporated of Harrisburg, PA. Under his
direction, AMP, a leading manufacturer of electrical, electronic,
fiber-optic and wireless interconnection devices and systems,
successfully increased sales above $5 billion and sold the Company to
TYCO, International Ltd. earlier this year in a deal valued at $13
billion. During his five-year tenure at AMP, Mr. Ripp also served as
Executive Vice President Sales & Marketing and Vice President & Chief
Financial Officer.
Prior to joining AMP, Mr. Ripp served for 29 years with IBM of Armonk,
NY. He held positions in all aspects of operations within IBM during
his career, culminating in the last four years as Vice President &
Treasurer."
About LightChip staff: lightchip.com
About LightPath directors: lightpath.com
Now back to this new technology which will carry the Next-Generation Internet enormous appetite for speed. . .The UK will get the first "Terabit Network". . . from Lucent.
Lucent Technologies Inc., the world's largest telecommunications
equipment maker, said on Thursday it would build a high-speed,
optical communications network in the United Kingdom for British
Telecommunications
The network would allow BT to carry incoming and outgoing traffic from
its under-ocean cable network. The network would have a capacity of
one trillion bits per second, with the ability to transmit the data
contained on nearly 200 CD-ROMs per second.
Lucent would provide WaveStar optical networking equipment, including
Lucent's DWDM (Dense Wave Division Multiplexing) systems, which
increase the capacity of fiber-optic networks.
And here is a little about those tiny mirrors:
dailynews.yahoo.com
If you aren't taking time to read these links, let me paste an excerpt. . . this is important stuff. . .
The WaveStar LambdaRouter, as the product is known, operates at
speeds that would, in effect, allow the printed contents of whole
libraries to be transmitted in a single second. And its capacity will
grow even further over time.
Lucent said the high-capacity, all-optical router uses a series of
microscopic mirrors to instantly direct and route optical signals from
fiber to fiber in a network, without first converting them to
electrical form as must be done currently. Its speed is a function of
eliminating such electrical bottlenecks in the network.
This will save service providers up to 25 percent in operational
costs -- in part by cutting electrical power consumption by 100 times
-- and enable them to direct network traffic 16 times faster than
electrical switches, Lucent said.
''Optical wavelengths are the true building blocks of next-generation
networks, and Lucent will be the first to make all-optical networks a
reality,'' Gerry Butters, president of Lucent's Optical Networking
Group, said of the latest fiber-optic networks used to transmit large
volumes of voice, data and video.
''Lucent is the first to offer a completely optical router with
virtually limitless capacity, enabling its customers to
economically and incrementally expand their networks as traffic
increases,'' he said
Large amount of positions wanted on the LightChip website: lightchip.com
I believe LightChip is going to very soon become a hot commodity. . .and the easiest way to buy up this technology, is to buy LightPath. . .
So the question is this. . . . which will happen first? Will the LightChip technology start getting noticed as it is used in the new optical networks being built? . . .thus sending LPTHA considerably higher. . . .
Or will either T or LU simply buy LPTHA and get the whole enchilada?
Long-term, either way. . .we are winners, IMO. . .
Rande Is
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NOTE: This is not a recommendation to buy or sell any security. I am not a broker or financial advisor, but rather a private investor and trader. I currently hold positions in LU, T and LPTHA and about a zillion other issues. . . so I have something to gain by the price of these three rising. |
