At SpeculatingStocks You Can Discover Stocks, Post Anonymously, and React to Posts. Login is Optional.
Watch for Reactions to Your Posts or React Below to Other's Posts. Discover Stocks and Market Data.

May 26, 2006 Stock Pick: Optical Communication Products, Inc. (OCPI)

Stock Price: $2.17

Optical Communication Products, Inc. designs, manufactures and sells a comprehensive line of fiber optic subsystems and modules for metropolitan, local and storage area networks. The company's product lines include optical transceivers, transponders, transmitters and receivers.

OCPI reported revenue of $18.34 million for the latest quarter, up 35.6% over the same period last year. Gross profit came in at $6.37 million and net income at $2.13 million. Net income improved over a loss of $1.07 million in Q205.

OCPI has an amazing cash position of $148.3 million. The company is sitting at a market cap of only $245.88 million. OCPI cash value per share is $1.30.

There are 113.3 million shares outstanding, but only 19.90 million shares in the float. Insiders are heavily invested in OCPI with insider holdings of 82.25%. This stock has strong support at $2.00.

Untitled Document