SI
SI
discoversearch

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 : Bookham Technology -- Ignore unavailable to you. Want to Upgrade?


To: tech101 who wrote (275)9/22/2003 1:50:27 PM
From: tech101  Read Replies (2) | Respond to of 376
 
New Focus Deal

With the merge with New Focus, Bookham get

o An instant boost of 60% to their revenue
o Almost doubling their cash position
o Expanding their presence in both the Silicon Valley and China -> Taiwan, HK, Korea, ...
o Possible reduction of cost by moving manufacturing facilities to China

- cost 84 million of BKHM shares dilution.

With a mere 253 employees at New Focus, the increase of burn rate is insignificant.