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To: j g cordes who wrote (25023)	2/3/2000 2:22:00 AM
From: Johnny Canuck	Respond to of 68184

Jim, I saw it while looking something else up on the YAHOO site. I don't know much about it. It appear they have the capability to do 980 nm pump lasers which most long haul D-WDM systems are using. Curious that they have no 1550 nm lasers for the cable market though. I need to check the power of their laser diodes to see if they are suitable for the long haul/metro market. Right now it is look like a good choice give the price action today, though the 189K volume is scary. I looked at APAT today, but decided to pass for the time being. There are no revenue projection for the company. I don't have a way to value it. It looks like the sector could get a bounce due to the AVXN IPO this week.