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Technology Stocks : American Xtal Technology, Inc. (AXTI)
AXTI 12.34-5.0%3:59 PM EST

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To: kinkblot who wrote (153)12/30/2000 11:53:07 AM
From: kinkblot  Read Replies (1) of 290
 
"Laser Shootout" - article in Barron's, 01-01-01

interactive.wsj.com

Chief Executive Morris Young says that an epi-wafer containing 10,000 VCSEL devices is worth up to $10,000, compared with about $250 for the raw wafer.

However, Barron's predicts that VCSEL arrays will eventually become a commodity device, as standards are set for the arrays and new competitors (including AXT) enter the market. If they turn out to be correct, AXT is well-prepared, having competed successfully in the competitive substrates market for the the past decade.

WT
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