Kopin Corporation......
Voopster, how 'ya doing? Long time no see. You must be consumed with treating an epidemic of rashes in the Big Easy? You should stop by here more often.
Well, I took your advice and downloaded all 44 pages of the Kopin report and read/skimmed it.
fbr.com
After refilling the paper tray in my printer, and chewing things over, I have some comments:
1. Kopin produces 2 items...
A) HBT wafers made of Gallium Arsenide which showed up in ~ 17% of all handsets worldwide in 1999, with a heavy dependence on sole customer Conexant.
B) CyberDisplays, a low-power consuming display device that provides magnification and better resolution; 90%+ of these are sold to the emerging but small digital camcorder business, and the remaining 10% are going into the larger business of digital cameras.
2. KOPN is into the bowling alley with (A), and pre-chasm crossing with (B). They also are capacity constrained, but hope to have this solved by end of 2001.
Voop: why do you love this stock, how strongly are you invested, and what's your in-depth perspective on this? In other words, there are so many great investments out there, so many with potential, why is THIS ONE the NEXT BIG THING that seems to have caught your fancy? Additionally, what can you tell us about the quality of management?
Finally, KOPN has competition in both major arenas. WRT to GG metrics, what is the inside edge, or the open proprietary architecture that is possessed by KOPN? Or do you see this as mainly a royalty game?
Stan |
