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Technology Stocks : JDS Uniphase (JDSU)

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To: Andy Yamaguchi who wrote (5931)2/2/2000 5:28:00 PM
From: Kent Rattey  Read Replies (1) of 24042
 
<APAT announced 50 GHZ DWDM today. up 8 points today. More room to go. It is still very cheap.>

It appears this company has been in this space for at least five years, with only $200,000 in sales, 4 million in losses, but a quarter of a billion market cap. Please define cheap....

APA Optics designs, manufactures, and markets optical components and various optoelectronic products. For the six months ended 9/30/99, reveneues fell 79% to $103 thousand. Net loss rose 65% to $1.9 million. Revenues reflect the Company's decision to focus on product development and reduce its emphasis on contract research and development. Increased losses reflect higher costs associaoted with product development, including the hiring of personnel for production, marketing and sales.
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