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Technology Stocks : Kopin Corp. (KOPN) -- Ignore unavailable to you. Want to Upgrade?

To: John J. Riley who wrote (876)	11/1/1999 8:15:00 PM
From: kinkblot	Read Replies (1) \| Respond to of 1820

21X sales for Kopin? And you want 24X? <g> Trailing sales weren't profitable, so the pitch must be that future sales will be very profitable. Is that likely? Consider the fact that Kopin has been around for 15 years, but has never achieved profitability on an annual basis. That hasn't been a priority of Kopin management. Why would it be, when shareholders don't demand it? Now they have a big cushion of cash to fall back on. Last year, the projections for next year were the projections for this year. I'm surprised that so many investors are willing to overlook the poor track record wrt earnings. Kopin should consider themselves fortunate to have pulled off this financing while the window is still open for them {sometimes it's shut when you need it}. WT