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Non-Tech : Emcore Corporation (EMKR)

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To: danofthebes who wrote (241)1/2/2002 3:26:56 PM
From: J Fieb  Read Replies (2) of 640
 
Good thing that EMKR sold it's stake in UTCI?..They took the BIG dive today...Nascient companies usually fail for lack of $$, good thing EMKR did that convertible offering?

Symbol Last Trade Change Volume More Info Trade
UTCI 3:07PM 1.62 -1.58 -49.38% 2,168,200

Uniroyal Technology Corp. (UTCI) fell $1.53, or 48 percent, to $1.67 and traded as low as $1.66. The maker of light-emitting diodes said it needs additional financing or it may face a ``liquidity crisis.''


Ray, I took it as some sort of validation that JDSU is buying into tranceivers, when I have time I will do some research on this MN outfit, I doubt they do any parallel optics? I doubt they do their own VCSELs, but don't know for a fact.
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