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Technology Stocks : Kopin Corp. (KOPN) -- Ignore unavailable to you. Want to Upgrade?


To: Nancy who wrote (1574)12/29/2001 9:33:30 PM
From: DaiTN  Respond to of 1820
 
I agree with Nancy that KOPN show a lot of weakness from the last few trading sessions. Market rebounded, yet KOPN could not climb higher than $15. KOPN broke $14 and went to $13.88 intraday Friday spelled trouble. Short-term, I expect KOPN to go lower to $12. My guess is that it has something to do with the Private offerings to sell shares for cash as announced by KOPN a few weeks ago. Each time they sell shares for cash, KOPN will get a haircut of 15%.

KOPN is a fine company, and will do well long-term (3-5 years).