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Technology Stocks : Newport Corp.NEWP...lasers..semi..mfg...equipment..

NEWP 2.080

+0.9%

Nov 6 3:59 PM EST

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To: Stuart D. Brorson who wrote (15)	4/20/1997 7:39:00 PM
From: tyro	of 174

Stuart, Thanks***** for the information about WDM and your dissection of the probable innards of the current APA WDM 4-channel receiver. I did not mean to put you to so much trouble. The comment I might make, however, from the investor's position, is that APA on 26 March announced that they have welcomed a Ciena defector, that company's former chief manufacturing engineer. Is APA at its new and isolated outpost in the Dakotas preparing in secret to launch a more sophisticated product? Perhaps the company has something up its star-spangled sleeves ... The stock advances slowly on low volume. No profits expected until fiscal 98, but product (???) could be rolling out this spring. :::::again, thank you:::::

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