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Technology Stocks : New Focus, Inc. (NUFO) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (73)	11/16/2000 7:21:31 PM
From: trilobyte	Read Replies (1) \| Respond to of 475

this one seems to have bottomed out on massive volume these last three days... I doubled down yesterday and plan to hold my shares for the long term. After all, the optical world is not coming to an end as the market would like us to think. At a market cap around 1.3 billion (excluding 500 millions in cash), this company looks like a very reasonably priced investment. On top of that, we've been added to H&Q's recomended list (at the expense of PMCS) and the gloom and doom guys can't scare people with the silly lock-out period ending for very much longer. highlights from yesterday's presentation at Deutsche Banc Alex. Brown Conference in Baltimore, MD: (most of this well-known I'm sure) product pipeline: 1) tunable laser for network application sampling in 1st 1/2 2001, volume shipments 2nd 1/2 2001. 2) high speed photo electronics: JCA becomes focal point of product development. 3) next generation polarization beam counter. Volume shipments in Q4 2000. Three new passive products shipping first half of next year. Key customers: Agilent, Corvis, Corning, Ciena, Alcatel + one NEW major customer to be annouced this quarter. Corning purchase agreement renewed, estimated over 20mil rev next year. Began shipping passives in volume to Ciena this Q. 4 current facilities to respond to demand: 2 in China (270 000 sq feet) 3 in US (237 sq feet). Manufacturing area: 7/2000 45 000 sq feet, 1/2001 159 000 sq feet. More than 3 times capacity increase in 6 months. Rapid progress in China. CFO repeated guidance for next Q and next year. Revenues of acquisitions will add significantly to revenues. Growth of acquisitions is expected to be as strong as NUFO's best of luck with your startup, trilobyte