| StockTradersPress.com |
| A Corporate Communications
Corp. Publication ---- All Rights Reserved |
| Short-Term
Report |
JANUARY 13,2004 |
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| STRONG BUY |
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| Kopin Corporation (NASD) KOPN |
$7.57 |
| 52-week range |
$3.73-$9.82 |
| Market Cap |
$529.1M |
| Shares Outstanding |
69.71M |
| Book Value |
$2.20 |
| Price/Book |
$3.57 |
| Average Daily Vol. |
600K |
| Target Price |
$12.00 |
| Target Percentage |
58% |
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| Kopin Corporation
is a developer and manufacture of advanced semiconductor material
and flat panel displays primarily to the telecommunications
industry. |
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| We are again, recommending Kopin
corp. as an attractive technology company. Originally, we
had recommended Kopin on November 2002 at $5.15 per share
and suggested selling Kopin on January 28 2003 at $7.69 per
share (~50% GAIN) Over the past year, the stock has treaded
water (now at $7.57 per share) while the company has streamlined
operations and the economic environment has begun to improve. |
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| We are attracted to Kopin
for the following reasons: |
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1. The overall environment for
electronic equipment has improved quite markedly over the
past several months. This improvement has resulted in a strong
rise in orders for the company’s LCD and wireless products.
The two major contributors have been flat panel displays for
the TV industry and the increase in wireless, phone sales.
Currently, Kopin has 30% of the wireless industry for its
products.
2. The company has a strong financial position with almost
$1.50 per share in cash and no debt.
3. At the current time, we estimate the company will earn
about $.15 per share versus an estimated loss of $.10 per
share for 2003. |
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Kopin
Corp. is an undervalued company in the technology
industry at its current price of $7.57 per share. We reiterate
our target price of $12.00 per share. |
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