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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts.......

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To: craig crawford who wrote (225)11/30/1997 3:45:00 AM
From: Duane L. Olson  Read Replies (2) of 342
 
Craig, I had to chase down that info you posted on the ABerdeen products. Will re-post to keep the info handy:

The Aberdeen facility will produce Wavelength Division Multiplexed (WDM) optical modulator
components and, ultimately, completely integrated units. To take advantage of current market
opportunities, the Company has decided to manufacture and introduce its components first and then
produce the integrated units following successful testing of commercial units. WDM optical modulator
products were selected for APA's entry into product fabrication because of the vast marketing potential
presented by the fast growing fiber optic communications industry.
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Tus commercial potential. The innovative device, now in the final stages of product development, offers
the opportunity to dramatically multiply the capacity of fiber optics, since several communications
channels are created within a single fiber using only one laser. APA anticipates that the technology will be
introduced initially as WDM modulator components, followed by the complete optical modulator.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"The WDM optical modulator is the primary focus of the Company's
product development activities at this time, given its enormous
commercial potential"
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With its sound base in Aluminum Gallium Nitride (AlGaN)
technologies, APA will continue active development of three
promising devices, the Ultraviolet (UV) detector, both UV and
blue lasers, and transistors.

R&D activities at APA Optics are targeted, in large measure, on
the development of high quality materials that may be used in fabricating optoelectronic devices. With
vertically integrated in-house research and development capabilities, including microelectronic fabrication
and test and package facilities, the Company is a leader in the development of AlGaN/InGaN (Indium
Gallium
Nitride) materials systems.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
GaN Transistor Development
GaN transistor development activities at APA, funded by the U.S.
Navy and the Strategic Defense Initiative Office, are aimed at
developing needed fabrication technologies for transistors capable of operating at frequencies as high as
40GHz and temperatures up to 500o C. This should significantly reduce the size and weight of amplifiers
used in device applications, such as radars, mobile phones and satellites.

With this strong projected product from a company the size of APAT, the potential certainly seems signficant. These products serve one of the fastest growing segment of the Telecom market, and there appears to be room for several competitiors. From a rather small base, the growth rate could be highly rapid for APAT -- at least that's the reason I'm getting the cash into the stock now.. dlo
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