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Technology Stocks : Optical Networks and Components, DWDM and Tunable Lasers

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To: paul feldman who wrote (79)2/16/2000 5:19:00 PM
From: songw   of 275
 
Newport Corp. NEWP

Newport is a leading worldwide manufacturer and distributor of
precision components and systems used for development and application of laser and optical technologies, supporting not only advanced
research, but also sophisticated new technology and industrial applications. newport.com

In 1998, Newport continued to fuel its penetration into the Fiber Optics Communications market with the acquisition of Environmental Optical Sensors, a Boulder, Colorado based manufacturer of tunable external cavity diode laser systems, NIST-traceable wavelength reference cells and other components used for a wide array of test and measurement applications.

In 1999 the company purchased the commercial optics operation of Corning OCA, Inc., a subsidiary of Corning Incorporated. This manufacturing facility located in Garden Grove, Calif. will take Newport to a new level of capability in the design and manufacturing of high performance optical elements and systems, enabling us to provide value added opto-mechanical sub-assemblies to our customers and strengthening our position as a supplier of complete solutions.
newport.com

NEWP 52 week range 11 x 144: currently trading 120s- market cap $1.2B
note: pending 3-1 split
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