SDLI gets a plug in today's Barron's, in an article entitled "The Phoenix Sextet?
Six tech stocks that three pros think might rise from the ashes"
Dave Smith, a co-manager at Loomis Sayles' Global Technology, Small Cap Growth and Aggressive Growth funds, is also nibbling away at a few optics companies. Unlike Landis, he's focused on a smaller outfit called SDL Inc., which makes "active" optical networking components. "Demand for these components continues to be strong, not just in the U.S. but all the world," says Smith. SDL reports earnings next week, and Smith thinks it will beat expectations. For fiscal 2000, which ends in December, analysts expect the company to earn 79 cents; in fiscal 2001 the consensus estimate is $1.13. This rapid earnings growth, combined with sharp revenue gains, will eventually propel the stock upward again, he predicts. Late Friday SDL was changing hands for $143 per share, down sharply from its 52-week high of $244.75. |
