Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kinkblot who wrote (1165)	5/30/2000 11:14:00 PM
From: SJS	Read Replies (1) \| Respond to of 1820

CSFB on KOPN: ______________ (KOPN-$54 «-Cap $1.7B-Strong Buy) Capacity Expansion on Track. Automation of CyberDisplay Production Resulting in Significant Cost Reductions ú At Kopin?s annual meeting yesterday, management said that while its HBT and CyberDisplay expansion programs are on track, demand in both businesses continues to run well ahead of capacity. ú Exiting 1999, Kopin was producing about 100K CyberDisplay units per month. Its production run rate is now 160K and the company expects to be at 200K units/month by the end of June. ú After the meeting, Kopin presented the first public demonstration of the automated machinery it has started to use for CyberDisplay production. ú Although only the first phase of a more extensive automation program has been completed, automation is already resulting in considerable savings. CyberDisplay could be at break even by Q3. ú Kopin?s fundamentals and prospects continue to improve. We maintain our Strong Buy rating, and view the current price drop as a buying opportunity.