Hi Stan
Remember I knew you before you became a Greek god
Doing clinical research full time, left private practice, little time for stocks. Holding Q, GBLX and picking VARL to double (makes Tekboy look good) means yearly returns are yuck foo
" why do you love this stock"
We're just dating
" how strongly are you invested"
500 shares at 38
"what's your in-depth perspective on this? In other words, there are so many great investments out there, so many with potential, why is THIS ONE the NEXT BIG THING that seems to have caught your fancy"
According to last quarter press release corporate-ir.net
HBT is in S curve (past bowling alley to me)
" -- Revenue from GaAs HBT products increased 194 percent to $19,487,000 from $6,624,000 for the second quarter of 1999, and 19 percent from the first quarter of 2000. "
CyberDisplay knocking down bowling pins (seems crossed chasm to me)
"-- CyberDisplay revenue increased 258 percent to $4,845,000 from $1,354,000 for the second quarter of 1999 and up 69 percent from $2,875,000 in the first quarter of 2000"
corporate-ir.net
Even with tornadic activity, capacity constraints being addressed
corporate-ir.net
Now how good is a 3G phone for data gonna be with out pretty pictures to see it? CyberDisplay is going to be there first. It will be like McDonald's Hamburgers when they post the number sold.
"what can you tell us about the quality of management?"
corporate-ir.net
Don't see open proprietary architecture. Tried to discuss this in my hunt report. I discussed discontinuous innovations in hunt report
So discontinuous innovations include
1) Wafer Engineering Technology to produce a 3D IC via Atomic level layering
2) Lift Off Technology to Produce AMLCD and Smart Cards
3) Unique patented color generation
4) Single Crystal Integrated Circuits that are transparent
5) Displacement of filters, reduction in pixels in AMLCD
6) Displacement of traditional viewfinders in video cameras and other handhelds
7) Increased battery life in both products
8) The gigabyte transmission of data over GaAs HBT IC
Transparent circuitry
In contrast to current passive matrix LCD and AMLCD approaches,
the CyberDisplay product utilizes high quality, single crystal silicon--the same
high quality silicon that is used in conventional integrated circuits. This
single crystal silicon is not grown on glass; rather, it is first formed on a
silicon wafer and then lifted off as a thin film using the Company's Wafer-
Engineering technology. Before it is transferred to glass, the thin film is
patterned into an integrated circuit (including the active matrix, driver
circuitry and other logic circuits) in an integrated circuit foundry, so that
the transferred layer is a fully-functional active matrix integrated circuit.
The Company's Wafer-Engineering technology enables the production of transparent
circuits, in contrast to conventional silicon circuits, which are opaque. As
with conventional AMLCDs, the display's imaging properties are a result of the
formation of a liquid crystal layer over the transparent active matrix
integrated circuit. The Company believes that this manufacturing process offers
several advantages over other manufacturing approaches with regard to small form
factor displays, including greater miniaturization, reduced cost, improved
reliability, full color capability and higher definition.
Also impressive to the non-engineering me (have trouble with non-alcoholic screw drivers) is the color generation with one third less pixels, no filters like the competition which goes a long way to miniaturation and using LED backlights (Fatboy is this a Cree or Sapphire blue?) and the high speed display (180 Hz three times faster than competition) allows pixel to act as switch to block or transmit light which is the magnified through a lens.
Good patents
"Remember the founders of the company came from MIT where these processes were developed and subsequently licensed and patented. Again from the 10K: The Company owns more than 50 issued United States
patents and more than 50 pending United States patent applications. Many of
these United States patents and applications have counterpart foreign patents,
foreign applications or international applications through the Patent
Cooperation Treaty. In addition, the Company is licensed by MIT under 29 issued
United States patents, 4 pending United States patent applications, and some
foreign counterparts to these United States patents and applications. The
Company's United States patents expire at various dates through September 2014.
The United States patents licensed to the Company by MIT expire during the
period running at various dates through November 2011.
In 1985, the Company obtained a license from MIT to certain patents and patent
applications directed to device wafers and related technology. The license
grants to the Company a worldwide license to make, have made, use, and sell
products covered by the licensed patents for the life of these patents. The
license is exclusive with respect to commercial applications until April 22,
1999, and becomes non-exclusive thereafter. In 1995, the Company obtained an
additional license from MIT to certain optical technology. The license grants to
the Company a worldwide license to make, have made, use, lease and sell products
covered by the licensed patents until 2007. " from 10K
I found this analysis on Yahoo message boards
Assuming cell phone production of 1 billion by 2005,Kopin has only 40% market share of HBT's due to posible new competition; and
earnings decrease by approximatley 15% per year due to more efficient
production and age of technology....... 1,000,000,000 (cell phone production) x 0.40 (market share) x $0.27 (earnings per HBT assuming current avg. earnings of $.60 -15%
per year for five years) = $108,000,000 in earnings due to HBT's
Assuming cell phone production of 1 billion phones; flat panel market share of only 10% (due to strong competition in this area); and earnings decrease to only $8.00 per
flat panel display (due to age of technology) = 1,000,000,000 (cell phone production) x
.10 (market share for flat panel displays) x $8.00 (earnings per flat panel
display) = $800,000,000
These two platforms alone equate to $908,000,000 divide that by 30,000,000
shares outstanding = $30.27 earnings per share x p/e of 30 (conservative) = $908.00 stock price
The above excludes earnings from network devices (huge), other cyberdisplay uses (PDA's, pagers, ect) and new products. messages.yahoo.com;
Also messages.yahoo.com
KOPN's Clients Going Forward
by: goldenarm13_99 8/29/00 5:39 pm
Msg: 11417 of 11658
We have had a number of excellent posts, on this board, pertaining to KOPN's future business. It's taken a little digging but thought all readers would appreciate a summation.
Nortel (fiber optic client)
Nortel's OC192, 10 gigabit, has 85-90% of the total market which generates annual income of over $1.5 Billion for Nortel. KOPN IS THE ONLY SUPPLIER OF HBT WAFERS FOR NORTEL'S OC192's.
Nortel accounted for over 15% of KOPN's total revenues in the 2nd Qt. with CEO, Fan, stating in the Earnings Conference Call that Nortel revenues would double by the end of the 4th Qt.
(see posts 10981, 10959 10955)
Mitsubishi Electric
They are developing a hand held computer, jointly with Sharp Corp., that will have moblie phone functions, with the European market as their target as early as next Spring.
Mitsubishi accounted for 10% of KOPN's total revenues in the 2nd Qt. with CEO, Fan, stating he expected revenues from Mitsubshi to double by the end of the 4th Qt.
(see posts 10941 & 10942)
Agilent Technologies (fiber optic client)
CEO, Fan, in a Radio Wall St. Interview, the day after 2nd Qt Earnings, stated that he expected revenues from fiber optics client, Agilent, to double by the end of the 4th Quarter.
(see post 9479 & 10754)
Analog Devices
They are using KOPN's InGap epi wafers.
(See post 10754)
Conexant
(see post 10753)
KOPN projects 400k 4" HBT wafers and 200k 6" HBT wafers for 2001, which translates into approximately $400 million plus in revenues, 1 1/2 years from now.
The second production facility will be on line in October and will generate about 40% of the HBT products by the 1st Qt. of 2001.
(see post 10556)
New Developments
Kopin has developed SOI-based miniature displays for mobile intelligent communications devices that allows its display matrix to be processed on an SOI wafer. Then, Kopin moves the top SOI films, which include cicuits, to another subtrate. This approach opens the use of SOI material to generate SOA (Silicon On Anything) by delaminating the top silicon film from the rest of the substrate. flexible circuits, with the thickness in the range of 1 um, are transferred on plastic film to manufacture smart cards.
(see post 11031 & 9662)
CyberDisplay
3 clients, JVC, Matsushita (Panasonic) and Samsung, account for 60% of world camcorder sales. KOPN has locked up the Cyberdisplay camcorder market with a distant rival placing second, according to a recent Consultant's Report.
(see post 10218 & 10544)
KOPN has a contract with U.S. Government agencies for head mounted displays in the helicopters and thermal weapons applications.
(see post # 11304)
KOPN is sampling potential customers with CyberDisplay products.
(see post 11304)
Other Partners/Customers
Kopin's partners and customers include Conexant, Mustek, Motorla, Boeing, Kaiser Electronics, NIST, DARPA, CDI, Hughes and Philips
(see post 10337)
KOPN Will Announce Asian Partner
(see post 10211)
Thanks to all posters who contributed to this summation.
Goldenarm
So I guess its an ok company
Just dating, may get a pin.
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