To: Rande Is who wrote (25094 ) 5/1/2000 11:10:00 AM From: wgh613 Respond to of 57584
POCI...here u go randi...not that we place much importance on these manipulations but...hope all is well with u...bang on... First Security Van Kasper Initiating Coverage on Precision Optics, Corp. With Buy Rating PR Newswire - May 01, 2000 10:27 SAN FRANCISCO, May 1 /PRNewswire/ -- The following is being issued by First Security Van Kasper, a member of the National Association of Securities Dealers, CRD number 7665: Chet White, Technology/Optical Networking analyst at FS Van Kasper, has initiated coverage on Precision Optics, Corp. (Nasdaq: POCI) ($11 9/16) with Buy rating and a 12- to 18-month price target of $26. Below are direct quotations from Mr. White's research report: "We are initiating coverage of Precision Optics Corporation with Buy rating and a 12- to 18-month price target of $26. "In our opinion, Precision Optics is well positioned to leverage its optical expertise into the communications market and emerge as a leader in dielectric thin films, and other components and subsystems. "We believe that the company's optics expertise will allow it to achieve the key characteristics of tomorrow's leaders, which includes rapid capacity expansion, manufacturing efficiency and leading technology. "As Precision Optics benefits from the huge demand for optical DWDM components that increase the price and performance of optical networking systems, maximize bandwidth and rapidly provision services, we expect revenue to grow at a rate of 232% and 107% in FY01 and FY02, respectively. "For several years beyond FY02, we estimate that the company can achieve a revenue growth rate of 50%+." First Security(R) Van Kasper is a private brokerage and investment banking firm. Since its founding in 1978 as Van Kasper & Company, the firm has been providing exceptional services and original investment advice to a select group of investors and businesses. The firm's offices are located in San Francisco, Fresno, Los Angeles, San Diego, Newport Beach, San Jose, Sacramento, and Walnut Creek, California, as well as Phoenix, Arizona and New York City, New York. Investments made through First Security Van Kasper: (1) are not insured by the FDIC; (2) are not deposits or other obligations of, or guaranteed by FSVK, First Security Bank or any of its affiliates; (3) are not guaranteed by any Federal governmental agency (excluding U.S. Government and federal agency securities); (4) and are subject to investment risks, including possible loss of principal amount invested. The study on these pages is not a complete analysis of every material fact regarding any company, industry or security. The opinions expressed herein reflect the judgment of the author at this date and are subject to change without notice. Facts have been obtained from sources considered reliable, but are not guaranteed. First Security Van Kasper, its directors and employees and their families may have a position in the securities of the companies described herein, and may make purchases or sales while this report is in circulation. Additional information is available upon request. SOURCE First Security Van Kasper /CONTACT: Muller Luo of FS Van Kasper, 415-391-5600/ wgh613