Lightpath Technologies: LPTH New WDM player Message Board

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Technology Stocks : Lightpath Technologies: LPTH New WDM player

LPTH 7.645

+6.5%

Dec 19 9:30 AM EST

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To: GraceZ who wrote (1107)	6/29/2000 12:15:00 PM
From: robert packman	of 1219

FROM 10 qsb...During the third quarter, the Company began acquisition talks with Horizon Photonics, Inc., due to their automated production of passive optical components and complimentary product line of isolators. The April 14, 2000 acquisition represents a purchase price of $36.2 million of which $1 million was paid in cash and the balance was exchanged for 1.2 million shares of Class A common stock (subject to post closing adjustments). Horizon currently has a $6 million sales backlog for its isolator products from Lucent Technologies, Inc. These products are expected to be supplied during the next twelve to eighteen months. i think as LPTHA expanded so probably will horizon expand

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