BEVERLY HILLS, Calif., June 16 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI)
was listed as a "buy" by Stephen H. DeLucia of JB Oxford & Company. The 12-
month price target of $36 a share is 48% above the recent price, based on a
multiple of 30 ties the 1999 estimated earnings of $1.20 per share.
SDL, Inc. designs and manufactures semiconductor lasers, fiber optic
related products, optoelectronic integrated circuits (OEICs), and
optoelectronic based systems. The company's products are used in
telecommunications, cable television, satellite communications, printing,
medical, data storage, consumer electronics, sensor, defense, materials
processing, and instrument applications. SDL also receives revenues from
customer-funded research programs. Semiconductor OEICs integrate two or more
semiconductor lasers or other optical or electronic elements, such as lenses,
light detectors, mirrors, light modulators, switches, and light amplifiers,
onto a single chip.
SOURCE SDL, Inc.
-0- 06/16/98
/CONTACT: Stephen Rubenstein, 310-777-8888, or Anita-Marie Hill,
310-788-2850, both for SDL, Inc./ |
