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Technology Stocks : Lightpath Technologies: LPTH New WDM player
LPTH 13.58-2.5%3:28 PM EST

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To: Peter Moyer who wrote (87)7/9/1997 2:50:00 PM
From: craig crawford   of 1219
 
<< ok, i'll bite:
what serious questions does the press release raise? >>

So there are a few who still read this thread. Actually I said interesting questions.

1) It is highly unprofessional to use all caps in their press releases. It appears like they are trying to hype their stock.

2) They just announced a deal with Eagle Optoelectronics to develop WDM and now they announce a new collaboration/company with Invention Machine. Where does that leave Eagle?

3) I notice these collaborations have occurred with private companies. It is harder to get info on these companies. I would like to see some deals with U.S. public companies.

4) It looks like Lightpath is running out of money, so they are forming a new company (that they will have a majority stake in) to incur further losses. Notice they said in the press release that Lightchip will incur R&D costs for WDM development from now on.

5) Lightpath keeps talking about collaborations and R&D, but in an interview approximately 8-9 months ago they said something to the effect of having a product in 6 months. That is overdue, and I thought that the interest in the stock lately might have been related to a product introduction (or maybe I should say a component introduction).

6) Lightpath is supposed to have some deal with Karl Storz (German endoscope maker) this quarter but I haven't heard anything.

These are all off the top of my head. I don't have many shares left (just a few profit shares from trading) so I don't spend too much time with this one anymore.
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