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 : Optimal Robotics Corp. (OPMR) -- Ignore unavailable to you. Want to Upgrade?

To: Obewon who wrote (262)	7/27/2000 10:16:54 AM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 325

O P M R US $ Dn 3 0 - 2

To: Obewon who wrote (262)	7/28/2000 2:09:04 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 325

Time to eat crow: "Optimal Robotics/Slide-2: Chairman Perplexed By Stk Drop 7/28/0 14:7 (New York) Optimal Robotics Corp. (OPMR) chairman Neil Wechsler said he is "perplexed and disappointed" by the decline in the company's share price. "Business has never been better," he said. "I'd be much more concerned if business was weak and the stock was at an all-time high. There are a number of new accounts that we're working with as I speak and hopefully they'll be material for next year's numbers." Wechsler said he doesn't think Optimal is trading at a premium, given its rapid growth and an anticipated jump in gross and operating margins in 2001. Margins are expected to grow because Optimal is scheduled to begin assembling its U-Scan Express self-checkout system in-house as of Jan. 1, 2001, he said. Currently, Optimal pays a third-party subcontractor an "inflated margin" to assemble its U-Scan system, Wechsler said. Once in-house assembly begins, Optimal expects gross margins to rise "north of 35%," from the current 25%, Wechsler said. Operating margins are expected to hit the mid-to-high teens, up from about 5%, he said.