OT OT OT
Peppe --
Can I ask an off-topic question????
I'm still looking for wireless plays and have been looking at KOPN. Would appreciate your comments.
Here's what I've found so far:
<<< Kopin [KOPN/ Nasdaq]
Nortel adopts kopin.com
April 6, 1999 - Kopin Corporation (NASDAQ:KOPN), the world's leading provider of gallium arsenide HBT (heterojunction bipolar transistor) device wafers for telecommunications applications, today announced that it will provide Nortel Networks (Ottawa, Canada) production volumes of Kopin's InGaP (indium gallium phosphide) HBT device wafers. These wafers will support Nortel's production of circuits for 10 gigabit per second (Gps) OC-192 SONET/SDH fiber optic switching systems. Nortel is the world's leading supplier of OC-192 systems, the highest performance broadband networks fielded today.
Third expansion: kopin.com
April 14, 1999 - Kopin Corporation (NASDAQ:KOPN), today announced its third major expansion of manufacturing capacity for its gallium arsenide (GaAs) heterojunction bipolar transistor (HBT) device wafer products. This third expansion, following the doubling of capacity just announced in January 1999, will ensure strong HBT wafer manufacturing support for Kopin's rapidly growing telecom programs.
Doubles capacity: kopin.com
January 6, 1999 - Kopin Corporation (NASDAQ:KOPN), today announced that it will double manufacturing capacity for its gallium arsenide (GaAs) heterojunction bipolar transistor (HBT) device wafer products, its second major expansion in two years.
Eight new production systems added: kopin.com
The additional capacity will support Kopin's strategy to expand its position as the leading volume manufacturer of GaAs HBT transistors for the wireless communications marketplace. The Company's proprietary high-performance transistors are used to produce power amplifier circuits for CDMA, TDMA and GSM digital cellular and PCS handsets, as well as for the third-generation (3G) digital wireless standard which will support wireless Internet. Kopin's HBTs are also used in circuits for broadband OC-48 and OC-192 SONET systems, which form the backbone of the highest speed fiber optic networks.
"The demand for our high-performance HBT transistor products continues to be very strong in both the wireless handset and Internet fiberline sectors," stated Dr. John C.C. Fan, Kopin's president and chief executive officer. "In addition, our partners are designing our InGaP and AlGaAs HBT transistors into other digital telecommunications and broadband applications."
"The new systems will increase Kopin's 4-inch HBT transistor capacity to more than 300,000 wafers per year and our 6-inch capacity to 120,000 wafers per year," Fan continued. "This will enhance our ability to support the increasing product demand in these high-growth telecom markets. Kopin's commitment to our HBT circuit partners is unique, demonstrated by the quality and magnitude of the resources we have dedicated to their programs."
Third Quarter financials: kopin.com
Revenue for the quarter was $9,736,281 compared to $7,835,907 for the third quarter of 1998, an increase of 24 percent. The net loss for the period was $353,785, or $0.03 per share, compared with net income of $454,257, or $0.04 per share, for the comparable period last year. Third quarter product revenue increased 32 percent to $9,191,188 from $6,957,162 for the same period in 1998. Revenue from gallium arsenide products was approximately $7,702,000 in the third quarter of 1999 compared to $5,335,000 for the third quarter of 1998, an increase of 44 percent.
Company profile and vision: kopin.com
Kopin's family of high performance AMLCDs and HBT Transistors are well-positioned for strong growth in the future. Industry experts anticipate the market for GaAs will grow at a CAGR of more than 35% through the year 2000. Similarly, the global market for AMLCD displays of all sizes is expected to triple by the year 2002. Kopin's current and future product offerings are poised lead the demands in the GaAs and miniature display industries. Kopin's GaAs HBT Transistor Wafers are ideal for advanced wireless and fiber-optic telecom applications. Kopin's HBT revenues of these materials increased over 250% in 1996 and continued strong growth is anticipated in 1997. Manufacturing capacity for Kopin's GaAs wafer-engineered materials is being tripled to accommodate growing customer demand to aggressively pursue the rapidly growing cellular and other wireless markets. <<<<<<
I've only started a position as they've gone up recently and I'd rather wait for a pullback.
TIA --
Pat |