Herc-don't know if you all play other than I/gambles-but I've been tracking companies with "high growth %'s" that have not only not warned or lowered but actually beat estimates during this down draft with the concept they may be decent bets when it turns-there's maybe a handful--{newp,ebay,ibm,mcdt,qlgc,etc}
fwiw
NEWP's very solid numbers in tough times-pays to be 40yr old conservative company,diversified in aerospace,genomics etc...current conservative 19PE
.....When.............Company....................Qrtr...Whspr....Earns
* July-17-00......Newport Corp...NEWP...Q2___0.12___0.13
* October-18-00...Newport Corp...NEWP...Q3___0.22___0.23
* January-24-01...Newport Corp...NEWP...Q4___0.33___0.35
* April-18-01.....Newport Corp...NEWP...Q1___0.36_0.38_0.40
July-18-01 (approx) after Newport Corp. NEWP Q2
Newport Corporation is a global supplier of test, measurement and automation systems and subsystems that enable manufacturers of fiber-optic components, semiconductor capital equipment, industrial metrology, aerospace and other high-precision products to automate manufacturing processes, enhance product performance and improve manufacturing efficiencies and yields. The Company also provides equipment to commercial, academic and governmental research institutions worldwide that engage in advanced research and development activities.
More from Market Guide: Expanded Business Description
Financial Summary
Newport is a global supplier of high precision components, instruments, micropositioning and measurement products and systems to the fiber-optic communications, computer peripherals, semiconductor equipment and scientific research markets. For the three months ended 3/31/01, net sales totaled $106.7 million, up from $52.4 million. Net income rose 38% to $6.9 million.
-16% short float(5 mil)___72% Institutional held___28 mil float___3.1 mil avg daily vol___ |
