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


To: DaiTN who wrote (1630)7/29/2002 2:34:46 PM
From: DaiTN  Respond to of 1820
 
I also noticed short interests increased by 400K shares in July compare to June for KOPN. Average closing price for June was approximately $6.84. Someone is still betting KOPN will go lower, which it did. CEO and CFO also sell shares in June, which was also not a good sign.

Trading pattern for KOPN is not normal. Definitely someone is manipulating it. There is just no explanation for the way this stock behaving last few days.



To: DaiTN who wrote (1630)7/29/2002 4:01:55 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 1820
 
Everyone is still cautious about the handset power amplifier business. Just look at the charts for NOK, RFMD. QCOM and ERICY. Most of the drag is the III-V business. It was also the growth engine. Indications are that handset growth will be lower this year than anticipated (400,000 versus 425,000). Problems with WCOM and AWE indicate they will be less incentives to attract new customers. Note that each new customer typically cost the carrier money for the first few years (subsidized handsets and connection fees).

That said there is lots of promise in the company, but it is a small cap and is below the radar and price level that would typically interest institutions.

The blue diode business is a real positive. It would put it in the same segment as CREE. The bigger segment leaders have to recovery first before KOPN will move. It is considered a second tier stock.