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Technology Stocks : GSLI Lumonics -- Ignore unavailable to you. Want to Upgrade?


To: Ram Seetharaman who wrote (265)7/20/2000 8:00:08 PM
From: y3k  Read Replies (1) | Respond to of 328
 
$$$ GSLI OPTICS NEWS $$$

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(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 !!

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(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 !!! >>

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(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 !!>>

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(4)GSLI on ON2 ! ===>> " GSI Lumonics Running Away "

biz.yahoo.com

<< Didn't listen to it yet but from chat lines it's positive !! >>

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(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 !!

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(6) CIBC has a $55 U.S. target !!

nationalpost.com

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(7) briefing.com had a very very positive article on GSLI

Message 13988241

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<< 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