Good article and, you're right, I do like the quote you highlighted.
Now, totally off topic, I did some digging on Stocker Yale after posting their press release yesterday. It's a small cap, but with a lot of promise, enough to inspire me to take a small position.
) the news:
news.morningstar.com
2) the company:
stockeryale.com
3) insider trading:
insidertrader.com.
news.morningstar.com
4) institutional holders:
insidertrader.com.
5) from customer relations:
* 18% of products are fiber optics for telecommunications
* headcount 200 and growing
* competitors: Corning and Lucent
* key f.o. products: phase masks and specialty optical fibers
* key customers --"those we have announced are listed in SEC docs". . . "we sell to all DWDM systems players."
What impresses me most is the heavy insider buying. I asked if they'd be getting coverage from DLJ and he hedged by saying they weren't projecting but hoped they would.
Random quotes from their 10-Q:
In the illumination and photonics products area, the Company's focus is on developing specialty optical fiber and related components which include the recently announced 150 mm Ultra-LongTM phase mask product and photosensitive optical fiber utilizing Radiation Mode Suppression (RMS) fiber. These products are expected to begin shipping at the end to the second quarter of fiscal 2000.
Lasiris, located in Saint-Laurent, Quebec, develops, manufactures and distributes industrial structured light lasers and other illumination and telecommunication component products. Lasiris was founded in 1985 to offer technical and scientific expertise in lasers, optics and holography. In 1990, through a number of research and development contracts, Lasiris began to design a wide range of laser pattern projectors for industrial inspection and machine vision applications. Since 1991, Lasiris has been a leading manufacturer of phase masks used in the production of fiber bragg gratings, an essential component of dense wavelength division multiplexer (DWDM) devices used in high-capacity fiber optic networks.
In December 1999, the Company purchased additional assets that will allow it to increase production of bulk optical glass fiber. This fiber is marketed to OEM customers contracted in the production of fiber optic products and solutions. In the first quarter of fiscal 2000, the Company introduced the Ultra-Long(TM) Phase Mask allowing telecom companies to use longer fiber bragg gratings to pack more data in the optical fiber, significantly increasing available bandwidth. At the OFC 2000 conference in Baltimore, MD the Company announced an exclusive agreement with a strategic partner for the right to manufacture and sell photosensitive optical fibers, which include Radiation Mode Suppression (RMS) fiber. To advance the time to market for these products, the Company most recently announced the purchase of a fiber drawing tower capable of producing telecom grade, specialty optical fiber.
>>>>
As of December 31, 1999, the Company employed approximately 152 persons, of which 139 were full-time employees. None of the employees are represented by a union and the Company believes it has good relations with its employees.
[When I called today, headcount was at 200.]
>>>>>
Lucent announces it’s ramping production of specialty fiber, as well:
fiberopticsonline.com{566C4CE4-835B-11D4-8C5E-009027DE0829}&Bucket=HomeLatestHeadlines |
