conf. call: I continue to be amazed, quarter after quarter. This stock is a true hidden gem. My personal thought is "Oh, my God!"
product revenues were up 12% sequentially
led revenues up 25% sequentially
volume tripled to Asia...Siemens now 3rd largest customer
the highest quality, lowest cost blue leds in the world, and getting cheaper, while maintaining gross margins
super bright green and blue leds now shipping
will sell 3" wafers in calender 99
microwave device at 80 watts
now qualifying devices with customers, will see revenues this fiscal year
by next year, 50% of revenues will be from these advance devices
will sell off real color sign business
$100 million revenues in fiscal 2000
will build new $10 million clean room in '99
$3.2mm stock buyback this quarter, plus insider buys
expect 10% quarter to quarter revenue growth this entire fiscal year
nichia has hit a snag on laser, is looking for a different substrate than saphire.
Cree laser work on-going, convinced they will win (but when?)
wj |
