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StockIceMan's Weekly Stock Pick
Week of October 6th, 2003



Stock: Bookham Technology PLC
   
Ticker Symbol: BKHM - Nasdaq - Communication Equipment
   
Buy: 2.25 to 2.30
   
Sell: 6.00 +
   
Info: Bookham Technology plc designs, manufactures and markets optical components, modules and subsystems for the telecommunications industry. The Company also manufactures high-speed electronics components for the telecommunications, defense and space industries. The Company has five direct or indirect wholly owned subsidiaries, one of which is a holding company. The Company's subsidiaries are located in the United States, Canada, Japan and Switzerland. The Company designs, manufactures and markets components that generate, detect, route, amplify and control light signals primarily in telecommunications networks. The Company has three key technology platforms based on gallium arsenide (for modulation), indium phosphide (for tunability) and silicon. Bookham's products are primarily configured for use in metropolitan and long-haul networks and include WDM (wavelength division multiplexing)/DWDM (dense wavelength division multiplexing) applications.
   
Financial Info: For the six months ended 6/30/03, revenues totaled L42.1 million up from L12.7 million. Net loss increased 13% to L42.3M.
   
Key Ratios: Current Ratio: 3.42; Total Debt/Equity: 0.30, P/E: N/A, Price/Book: 2.52, Price/Sales: 4.43
   
Share Info: There are 204.95 million shares outstanding with 102.50 million shares in the trading float. Institutions own approximately 50.0% of the shares outstanding. There have been no insiders buying or selling shares in the last six months.

As of 9/8/2003, there were 2.54 million shares short.

Net Institutional Buying: 154,000 shares: prior to latest quarter.
   
Articles: Optical Keyhole Interviews Bookham Tech and Ignis Optics

 
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