To: Ram Seetharaman who wrote (265 ) 7/20/2000 8:00:08 PM From: y3k Read Replies (1) | Respond to of 328 $$$ GSLI OPTICS NEWS $$$ ******************************************************** (1) Hiring blitz hits "optics" firm. canoe.ca Work force to more than double !! "Revenues from optics will increase from just $2 million last year to about $12 million this year, but the company's customers have asked that it be prepared for $60 million in optical business next year" Company is expected to do 12 million this year. That's 600 % growth rate. Company is expecting to do 60 million next year. That's a 500 % growth rate from this year. Holy cow !!! "This last leg up is because certain people are thinking of them as a photonics play in the same terms of JDS (Uniphase) and Corning," "There is tremendous interest in any company that has a photonics component to it. GSI Lumonics is doing this because there's a huge demand for it." Needham is expecting 25 - 30 million next year (conservative estimate - see article below) and says could see company doing 100 million in 'two' years. Way, Way, Way, Way .. too conservative at this rate. << Company giving lots of hints on direction !! >> << C'mon Winston 'please' announce a spin off of 'OPTICS' division on Aug 2, 2000. Note the headline "OPTICS FIRM" >> Then hopefully a takeover bid !! ************************************************************ (2) Q2 is in the bag !! New CFO appointed. Bradley is leaving for 'personal' reasons. biz.yahoo.com "We expect our quarterly results will meet expectations based upon continued strong performance of core markets." << Q2 is in the bag. Question now is if any upward surprise and future outlook >>. << Boy, the company is sure letting out a lot of positives today !!! >> *********************************************************** (3) Openfund bought approx 10,000 shares at average of $39 when the stock had upward momentum (high volume & price) then they dump all these shares at $34 last week when momentum died. << They bought back 7,000 today at $42.50 !! Upward momentum !! Look at volume !!>>openfund.com metamarkets.com << PEG RATIO compared to JDSU !!! Holy COW !!! >> << They bought back 7,000 today at $42.50 !! Upward momentum !! Look at volume !!>> *********************************************************** (4)GSLI on ON2 ! ===>> " GSI Lumonics Running Away "biz.yahoo.com << Didn't listen to it yet but from chat lines it's positive !! >> *********************************************************** (5) Needham's take on GSLI.canadainvest.com " Kundtz is willing to raise his target price upon further review of the company’s new products and second quarter results ". Well heck, he under estimated the optics by 100 % or more for next year !! ********************************************************** (6) CIBC has a $55 U.S. target !!nationalpost.com ********************************************************** (7) briefing.com had a very very positive article on GSLIMessage 13988241 *********************************************************** << NOW HERE IS THE KEY TO IT ALL OF THIS FOLKS >> FROM NEEDHAM : " They could turn their optics division into a 100-million business two, three years down the road. It's possible and that would make this a dramatically different company " << For heavens sake the company said that they'll do 60 million next year !! >> << Just look at the valuations of SDLI & JDSU !! >> ===>> Goooooooooo GgggSssssssssLlllllllllllllIiiiiiiiiii Twelve more days to go !! Long GSLI Y3K