Steven,
Here are some quick comparisons of NOPT with JDSU, CIEN
and NT but JDSU isn't in the same industry. NOPT,CIEN and NT's
industry is: Processing Systems & Products. JDSU's
industry is: Diversified Electronics. These comparisons
come from Moneycentral.
NOPT JDSU CIEN NT
Total Sales... 10M 1,430M 713M 26,529M
Total Income... -33M -905M 60M -1,036M
Sales Growth... 287.50% 405.80% 67.70% 43.90%
PE.... No Earnings No Earnings 525.30 No Earnings
Obviously NOPT is a much smaller company than any of these so I am not
sure how fair the comparisons are. However, I did scan through the
last prospectus to provide some additional data concerning NOPT.
Revenues +556%
Customer base increased from 12 to 33
Doubled sales force
Order Backlog +68%
Opened 43 POP's
Deployed DWDM along entire backbone
Opened Network Operating Center
Signed agreements with 2 largest electric utilities in
the US in Q4 '99 dramatically expanding service
territory. These contracts added 9,000 fiber miles.
Footprint now stands at 80,000 fibermiles. and NOPT has
capability to expand to just about any utility right
of way from Portland Maine to Washington DC.
Expect to complete construction of expanded backbone
(1400 route-miles) by autumn '00. It will be cabable
of serving more than 30M people and 1M businesses from
Maine to Washington passing over 1000 POP's, tandem
switches and central offices
Customers include: MCI, Sprint & AT&T (Bell Atlantic, GTE-now Verizon[VZ])
I bought NOPT a long time ago because I believed then as I
do now that bandwidth is and will continue to be a high
growth area. NOPT to me represents a small company with
huge growth potential at a price that I can afford. In
addition, management has performed very well up to this point
and I have no reason to believe that won't continue - despite the recent
reorganization. The float is small at 5.80M which causes additional volatility.
Hope this information helps.
If you're really interested in taking a position or learning
more about the company, I recommend sending
for a prospectus. Here is their website address where you can
request one online:
neoninc.com |
