NEWP: Newport Corporation Message Board

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Technology Stocks : NEWP: Newport Corporation

NEWP 2.200

+1.1%

Oct 30 3:59 PM EDT

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To: pass pass who wrote (1)	3/14/2001 1:46:21 AM
From: pass pass	of 2

From Pat Marge's SDLI-JDSU thread Message 15494773 "Manufacturing automation. Semiconductor world it’s well defined. In photonics, we don’t have much. Why? Definite differences. Normal applications vs. challenges. Fiber handling is difficult. It’s brittle, doesn’t hold shape, can be ruined easily. About the 1/10 the size of human hair. Have to match it up plus get polarization right. Have different tolerances. We deal with nanometers. Alignment to 157/millionth accuracy (?). We dealing with internal resources. Not many places that understand it. We’re defining islands of automation. Working on standardization and design for automation. We have a number of programs underway. About 40 in place now. Lots on assembly. Very immature processes exist now. Our tech is equivalent to semiconductor industry in late 60s and early 70s. Some improvements recently. Lots of testing required. " This should look good for NEWP's future. The stock is reasonably valued at p/s at 4 and p/e of 20.

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