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 : Lightpath Technologies: LPTH New WDM player -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (1107)	6/29/2000 12:15:00 PM
From: robert packman	Respond to of 1219

FROM 10 qsb...During the third quarter, the Company began acquisition talks with Horizon Photonics, Inc., due to their automated production of passive optical components and complimentary product line of isolators. The April 14, 2000 acquisition represents a purchase price of $36.2 million of which $1 million was paid in cash and the balance was exchanged for 1.2 million shares of Class A common stock (subject to post closing adjustments). Horizon currently has a $6 million sales backlog for its isolator products from Lucent Technologies, Inc. These products are expected to be supplied during the next twelve to eighteen months. i think as LPTHA expanded so probably will horizon expand

To: GraceZ who wrote (1107)	6/30/2000 8:50:39 AM
From: hpbugeye3	Read Replies (2) \| Respond to of 1219

Please excuse me for jumping in here but I think there may be a slight confusion in the term "Back Order". Often this term is used for simplicity when in reality what is meant is that there are "Release Orders" pending. “Release Orders” are for products that are scheduled to be shipped over time. "Back Order" is a term used when a company does not have the product on the shelf but will ship ASAP upon receiving or manufacturing the product. Unfortunately, the term Back Order is used in place of Release Orders when it should not be. Hope this helps.