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Technology Stocks : American Xtal Technology, Inc. (AXTI)

AXTI 12.34

-5.0%

Dec 17 3:59 PM EST

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To: kinkblot who wrote (159)	9/21/2000 6:59:56 PM
From: kinkblot	Read Replies (1) of 290

TRW Completes Facilities for World's First High-Volume InP Production Line trw.com^2^9^490,00.html Indium phosphide semiconductor material represents a disruptive technology for cell phone, fiber optic and broadband wireless systems applications I see they've been reading Christensen. That's OK; it only alters the spin. From page 5 of AXT's 1999 10-K: ITEM 1. BUSINESS STRATEGY, Substrate Division: > > > > > Leverage existing customer relationships. We currently sell our GaAs substrates to over 200 customers, some of our largest include: - EMCORE - Hewlett Packard - Motorola - NEC - Nortel - Siemens - Sony - TRW We intend to expand our past success by providing high-quality GaAs substrates to these customers and to supply them additional substrates as their needs develop. For example, we have shipped InP substrates to TRW, which currently purchases a significant portion of its GaAs substrates from us. In addition, we intend to establish alliances and joint development arrangements with customers to develop new products, increase manufacturing efficiencies and more effectively serve our customers' needs. TRW claims to have a substantial lead in the InP marketplace. They've been working closely with AXT for years. Let's hope they become a big customer for InP substrates. WT

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