SLIC ask 1 7/16 ,, it's being accumulated,, my target 2 1/2 ..
For the three months ended 3/31/98, revenues increased from $0 to $258 thousand. Laser International Corporation announced May sales of $167,100, its largest reported single month's sales since inception.
The record sales seen in May, together with the total sales for April 1998 of $140,900, represents the highest two consecutive months combined total sales to date. In addition, April and May's combined sales of $308,000 have already surpassed all previously reported quarterly sales, including the first quarter of 1998, which is currently the largest quarterly sales to date for SLI ($257,000).
Finally, there are warrants, SLICW exp. 3/19/00, strike, 5.00, if the price of the stock stays above 7.50 for 30 days the co. can redeem them for .10. Last price on the warrants was 5/16 by 3/8.
SLIC (Nasdaq)
Address: 15 Link Drive
Binghamton, NY 13904
Phone: (607) 722-3800
Business Summary
Semiconductor Laser International Corporation is engaged in the development and production of high power semiconductor diode lasers (HPDLs) which meet the quality standards of existing HPDL's at lower cost. For the three months ended 3/31/98, revenues increased from $0 to $258 thousand. Net loss decreased less than 1% to $1 million. Revenues reflect the start of commercial production on April 1, 1997. Lower loss reflects decreased trade show expenses.
Statistics at a Glance -- SLIC Last Updated: June 26, 1998
Price and Volume
(updated June 26, 1998)
52-Week Low $0.531
Recent Price $1.25
52-Week High $5.50
Beta 0.27
Daily Volume (3-month avg) 195.1K
Share-Related Items
Market Capitalization $10.5M
Shares Outstanding 8.39M
Float 7.20M
Book Value .36
Company Press Release
SOURCE: GHLstockalert
Will This Tiny Nasdaq Company Turn Out To Be The Next Microsoft Or Intel?, Asks GHLstockalert
OCALA, Fla., June 19 /PRNewswire/ -- Semiconductor Laser International Corporation (Nasdaq: SLIC - news) was chosen today as the most likely small company to emerge as the next Microsoft or Intel.
According to GHLstockalert, SLIC is almost ''microscopic'' in size...but...the rate and quality of its technological achievements are absolutely stunning. Here's why:
May 19, 1997: The Board of Governors of the Federal Reserve system announce the company's Common Stock is now marginal, meaning the shares of this company have loan value.
May 20-22, 1997: The company exhibits six new products at the CLEO Show in the Baltimore Convention Center. All products are in the area of aluminum-free high power semiconductor lasers which, according to CEO Dr. Geoffrey T. Burham, ''is the most important technological breakthrough in diode laser technology in the last 10 years...'' and ''...will revolutionize the entire industry.''
June 19, 1997: SLIC is awarded a Phase I contract from the Defense Special Weapons Agency of the Department of Defense.
June 20, 1997: SLIC receives exclusive license from Northwestern University to develop, manufacture, market and sell aluminum-free high power semiconductor lasers worldwide. SLIC is also awarded a two year contract by the U.S. Air Force Phillips Laboratory to provide state-of-the-art semiconductor laser fabrication technology.
July 8, 1997: SLIC signs agreement with Optilas, Ltd., and Optilas GHGH which, as stated by CEO Burham, will enable the company to ''obtain the exposure necessary to secure market share in the European community as we approach the next century.''
September 29, 1997: SLIC announces development of high-power red laser diodes which opens door for the company to become a major supplier in the rapidly expanding optical storage market including DVD.
October 6, 1997: Company announces introduction of new 30 watt high power fiber coupled diode laser.
March 11, 1998: SLIC announces development of world's most efficient high power semiconductor laser operating at room temperature.
March 31, 1998: Reported revenue for the quarter ending March 31, 1998 is 70% higher over revenues for the fourth quarter of 1997.
June 8, 1998: SLIC has largest sales month in company history.
June 18, 1998: GHLstockalert, which has no personal or business connection whatsoever to Semiconductor Laser International or any other publicly traded company, announces SLIC as the most likely Nasdaq small cap to experience rapid, exponential growth.
Is there any reason not to invest in this company? Yes. According to GHLstockalert, ''We could be wrong!''
Tuesday June 9, 12:07 pm Eastern Time
Company Press Release
Semiconductor Laser International Corporation Receives Approximately $1.1 Million in Equity Financing
BINGHAMTON, N.Y.--(BUSINESS WIRE)--June 9, 1998--Semiconductor Laser International Corporation (SLI) (NASDAQ: SLIC - news, SLICW - news) announced today the closing of private placement financing which provides net proceeds to the Company of approximately $1.1 million.
This financing involved the sale of 1.650 million shares of common stock at $.75 per share. The Company plans to use the proceeds from this financing to provide working capital for the ongoing growth of the Company's business.
Dr. Geoffrey T. Burnham, President and CEO of SLI stated, ''We are encouraged by the completion of the financing and we look forward to the continuing growth of the Company with the assistance of this financing. The Company, I believe, is making substantial progress on its business development program.''
SLI is a rapidly growing company dedicated to quality manufacturing and production of high power semiconductor lasers at low cost. SLI's technology has potential uses for automotive, dental, medical, telecommunications, optical data storage, DVD, printing and military applications.
Monday June 8, 8:02 am Eastern Time
Company Press Release
Semiconductor Laser International Corporation Achieves Record Sales in May
BINGHAMTON, N.Y.--(BUSINESS WIRE)--June 8, 1998--Semiconductor Laser International Corporation (SLI) (NASDAQ:SLIC - news, SLICW - news) announced May sales of $167,100, its largest reported single month's sales since inception.
The record sales seen in May, together with the total sales for April 1998 of $140,900, represents the highest two consecutive months combined total sales to date. In addition, April and May's combined sales of $308,000 have already surpassed all previously reported quarterly sales, including the first quarter of 1998, which is currently the largest quarterly sales to date for SLI ($257,000). Sales figures for the first two months of the second quarter, with one month remaining, have already surpassed total first quarter sales by $51,000.
Commenting on the significance of the Company's recent increases in sales, Dr. Geoffrey T. Burnham, President and CEO for SLI stated, ''We are extremely pleased with our continuing increases in sales which reflect the growing acceptance of SLI's products. We are working diligently to continue this growth.''
SLI is a rapidly growing company dedicated to quality manufacturing and production of high power semiconductor lasers at low cost. SLI's technology has potential uses for automotive, dental, medical, telecommunications, optical data storage, DVD, printing and military applications.
Monday May 18, 7:59 am Eastern Time
Company Press Release
Semiconductor Laser International Corporation Announces First Quarter 1998 Results
BINGHAMTON, N.Y.--(BUSINESS WIRE)--May 18, 1998---Semiconductor Laser International Corporation (SLI) (NASDAQ:SLIC - news,SLICW - news) today announced revenue and earnings for the quarter ended March 31, 1998.
For the quarter ended March 31, 1998, SLI reported revenue of $257,682, reflecting an increase of approximately 70% over revenues for the fourth quarter of 1997. No revenues were reported in the first quarter of 1997 as SLI was in the development stage with a concentration on developing products and the production process. SLI also reported a net loss from operations of $1,022,751. The net loss applicable to common stock in the first quarter of 1998 was $0.12 per share as compared to $0.29 per share in the first quarter of 1997 when there were approximately 4,873,000 fewer shares outstanding.
Joe--is SLIC being recommended by your friend at Whale? If so, here is one person's opinion--DD below--starts with SLIC(Nasdaq)
>>To: k sanford (96 )
From: Paul A Saturday, Nov 29 1997 7:05PM ET
Reply # of 151
whale securities in my (OPINION) has underwritten a LOT of lousy deals... Im currently seeking legal comp. because my whale representative put me into all their issues despite the fact that at the time I was new to investing.
Well anyhow- much wiser now, countless hours reading and learning TA, and now more then ever im annoyed with the 'crap' they bring public and the representatives they have working for them.<<
SLIC looks ok, Joe. They just did a private offering at .75/share, you know--1.6M shares, so there could be a good bit of selling if the shares were not restricted. I don't know if the Yahoo share count below includes this PP. But they have at least doubled and possibly tripled their share count in the last year alone. However, they do appear to be fairly stable financially. Although they are losing money, they are losing less and revenues are incleasing very nicely. Comparisons for the next Q should be very favorable, and show a gain of at least 60% over the previous Q.
For the three months ended 3/31/98, revenues increased from $0 to $258 thousand. Laser International Corporation announced May sales of $167,100, its largest reported single month's sales since inception.
The record sales seen in May, together with the total sales for April 1998 of $140,900, represents the highest two consecutive months combined total sales to date. In addition, April and May's combined sales of $308,000 have already surpassed all previously reported quarterly sales, including the first quarter of 1998, which is currently the largest quarterly sales to date for SLI ($257,000).
Finally, there are warrants, SLICW exp. 3/19/00, strike, 5.00, if the price of the stock stays above 7.50 for 30 days the co. can redeem them for .10. Last price on the warrants was 5/16 by 3/8.
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