APA Optics - Infosammlung (APAT-Nasdaq - WKN 920667) - 500 Beiträge pro Seite

[KingKong2]

Hallo Leute,

Ich beobachte seit einiger Zeit APA Optics, die im Februar einen rasanten Anstieg bis 55$ hinlegten und nun - schon Historie! - gestern bei 24$ gelandet sind. Heute gab`s an der Nasdaq einen Anstieg um 23,68% auf 29,375$. In Berlin wird die Aktie unter WKN 920667 mit geringen Umsätzen gehandelt - Kurs heute 28,50 E.
Apa ist in der optischen Multiplextechnik an der Weiterentwicklung der Glasfasernetze maßgeblich beteiligt, wenn nicht sogar führend. Glasfaserfirmen wie JDS Uniphase oder Sycamore oder Apa sind wichtige Zulieferfirmen der Telekommunikationsindustrie, wobei die beiden erstgenannten längst entdeckt sind und schon eine enorme Marktkapitalisierung aufweisen. Nicht so Apa! (Marktkapitalisierung derzeit ca. 350 Mio $). Apa gilt in der Forschung als führend, aber es gibt Zweifel, ob die Forschungsergebnisse wirtschaftlich umgesetzt werden können. Solche Firmen - führende Technologie, geringe Kapitalisierung - bieten natürlich auch Übernahmephantasien.

Bin an fundierten Beiträgen und aktuellen Infos zu Apa und deren Umfeld interessiert, auch charttechnisch Versierte sind gefragt. Aber bitte keine billigen Pusher und Kurzfristzocker!

So long King Kong

[KingKong2]

MINNEAPOLIS, Mar 27, 2000 /PRNewswire via COMTEX/ -- APA Optics, Inc. (Nasdaq:
APAT) today announced that Michael A. Gort, a consultant to high technology
organizations and veteran financial services executive, has been named a
director of the Company.
Gort is the founder and president of Milestones, LLC, an Old Greenwich, Conn.
firm which serves as an independent consultant to high tech companies and
advises early stage companies. Previously Gort held several key positions at
Morgan Stanley Dean Witter Discover & Company, including managing director of
the Information Technology Division, chief quality officer for Information
Technology and managing director of the Public Finance Department. Earlier in
his career, he was senior coverage banker with Shearson Lehman Brothers and a
vice president of Smith Barney, Harris Upham, Inc.
Anil K. Jain, chairman and chief executive officer of APA Optics, Inc., said, "I
am most pleased to have Michael Gort as a member of the APA board. I believe
that he will make valuable contributions as the Company moves forward as a
manufacturer of high technology components and devices."
A political science graduate of the University of Michigan, Gort received his
J.D. degree from George Washington University Law School. He is a member of the
Society for Organizational Learning, the Project Management Institute and The
Institute of Electrical and Electronics Engineers.
APA Optics, Inc. manufactures and markets advanced products for the fiber optic
communications, optoelectronics and laser industries, including wavelength
division multiplexed (WDM) components, ultraviolet (UV) detectors, nitride
epitaxial layers and custom optics.SOURCE APA Optics, Inc.
(C) 2000 PR Newswire. All rights reserved.
----------------------------------------------------------------------

Schaut Euch doch mal den Chart an unter
http://quote.ragingbull.com/quote.cgi?1003=APAT&mode=c

So long King Kong

[basilius]

APA startet durch !

Taipan hat ins seiner letzten Ausgabe April dringend zum Kauf von
APA Optics
bis 40 $ geraten. Kursziel mittelfristig 150 $.
Begründet wurde dies ebenfalls mit der massiven Unterbewertung bzw.
Übernahmephantasien.
Im Hause APA hat man sich wohl auch nicht abgeneigt gegenüber
evtl. Übernahmeangeboten gezeigt.
Allerdings ging der Chart bisher in die andere Richtung.
Jetzt scheint bei + 7 $ seit den letzten beiden Handelsstunden der
NASDAQ am Freitag irgend etwas im Busch zu sein.
Es gab am Freitag auch noch einige Nachkäufe im nachbörslichen
Handel !
Habe aber bisher kine News finden können ! Weiss jemand etwas ?

Basilius

[Skycruiser]

Hi Basilius,

verfolgst Du APA noch oder nicht mehr ? So weit ich weiß haben sie seit ca. 3 Wochen vor die Produktionskapazitäten auszuweiten.

Gruß,

Luke

[basilius]

Hallo Skycruiser,

natürlich bin ich noch an APA dran. Habe inzwischen sogar zugeschlagen.
Denke aber , dass im Moment die 38 - Tage -Linie bei 18 $
ein paar Probleme macht. APA + Precision Opt. haben i.d. letzten Tagen wahnsinnig zugelegt . Gestern sind ausgerechnet ( oder gerade deswegen ???) beide Werte entgegen dem Marktsegment gefallen.
Mache mir aber keine Sorgen.
Bist Du auch schon investiert ?

Gruß basilius

[Nelson99]

Ich kenne mich mit Charttechnik zwar nicht gut aus, aber bildet Apa gerade eine Fahne/Flagge aus ?

[DrLuck]

heute in den usa mit 6,67% im plus...der umsatz mit 265.000 stück so hoch wie schon seit ewigkeiten nicht mehr...was glaubt hier, wird der kurs bei uns sich endlich wieder einmal richtig gen norden bewegen?

cu DrLuck

[quadral66]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[DrLuck]

June 29, 2000

APA OPTICS INC /MN/ (APAT)
Annual Report (SEC form 10-K)
MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS.


GENERAL


We are engaged in designing, manufacturing, and marketing optical components and various optoelectronic products. For several years, we also received significant revenues from research and development services projects sponsored by various government agencies. In fiscal 1998, we shifted our emphasis from research and development to product development, with the intent to eventually manufacture and market our own proprietary products. Accordingly, revenues from research and development contracts have decreased significantly during the last three fiscal years.



For the last several years our goal has been to manufacture and market products/components based on our technology developments. We have focused on dense wavelength division multiplexer (DWDM) components for fiber optic communications and gallium nitride-based ultraviolet (UV) detectors (both components and integrated detector/electronic/display packages) because we believe that these two product areas have significant potential markets and because we have expertise and/or patent positions related to them. If we are successful in manufacturing and marketing these products, we expect to significantly increase our revenues and achieve profitability.

In fiscal 1999 we significantly reduced our R&D contracts (historically a significant source of revenue for us) to concentrate on development and production of our own proprietary products. This shift will significantly reduce our revenues and increase our losses until we realize revenues from our products. During this time, we will need additional funding to sustain our operations and additional equipment, as well as additional personnel to meet our objectives.


RESULTS OF OPERATIONS


Fiscal 2000 Compared to Fiscal 1999. Operating revenues for fiscal 2000 were $420,809, a decrease of 42% from operating revenues of $722,030 in fiscal 1999. The decrease in revenues reflects our decision to focus on product development rather than contract research and development. Contract fees decreased from $484,329 in fiscal 1999 to $160,108 in fiscal 2000, and our backlog of uncompleted contracts at March 31, 2000 was $28,400 as compared to $189,000 at March 31, 1999. Revenues from sales of products increased by approximately 10% as compared to fiscal 1999. Sales of new products in fiscal 2000 were minimal; however, we believe we have made significant progress in developing our new products and the related manufacturing processes and that revenues from sales of such products will increase in fiscal 2001.

Cost of sales increased by approximately 53%, to $2,086,527, in fiscal 2000 from $1,366,105 in fiscal 1999. Cost of contract fees increased by 17% in fiscal 2000. Gross margin for product sales was negative in both fiscal 2000 and fiscal 1999, reflecting continued personnel and product development costs. Gross margin for contract fees was negative in both fiscal 2000 and fiscal 1999. The continued deterioration in gross margin is the result of decreased contract revenues. Research and development expenses decreased by approximately 15% in fiscal 2000, to $326,988 from $382,445 in fiscal 1999, and selling, general and administrative expenses increased by 8% to $782,694 from $727,989 in fiscal 1999. The increase in costs of sales and selling, general and administrative expenses reflects our focus on product development, including the hiring of additional personnel for production, marketing, and sales.

We reported a loss from operations in fiscal 2000 of $3,753,623, a substantial increase over the loss from operations of $2,591,750 in fiscal 1999. This loss results from the combination of significantly decreased revenues without a corresponding decrease in costs and expenses.

We realized $100,989 in interest income in fiscal 2000, down 56% from $228,195 in fiscal 1999, reflecting lower average cash balances during the year. Interest expense in fiscal 2000 totaled $142,662, down 4% from $149,243 in fiscal 1999, reflecting reduced balances on outstanding obligations.




Our net loss in fiscal 2000 was $3,796,296, compared to $2,513,798 in fiscal 1999. As noted above, this loss was primarily a result of significantly decreased revenues and significantly higher cost of sales and other operating expenses. Further losses can be expected until revenues from production increase, or operating costs decrease, sufficiently to produce positive cash flow.

Fiscal 1999 Compared to Fiscal 1998. Operating revenues for fiscal 1999 were $722,030, a decrease of 67% from operating revenues of $2,190,637 in fiscal 1998. The decrease in revenues reflects our decision to focus on product development rather than contract research and development. Contract fees decreased from $1,950,844 in fiscal 1998 to $484,329 in fiscal 1999, and our backlog of uncompleted contracts at March 31, 1999 was $189,000 as compared to $1,200,000 at March 31, 1998. Revenues from sales of products decreased by approximately 1% as compared to fiscal 1998. Sales of new products in fiscal 1999 were minimal.

Cost of sales increased by approximately 52%, to $1,366,105, in fiscal 1999 from $901,538 in fiscal 1998. Cost of contract fees decreased by 41% in fiscal 1999, reflecting the decreased revenues from contract research and development. Gross margin for product sales was negative in both fiscal 1999 and fiscal 1998, reflecting continued personnel and product development costs. Gross margin for contract fees was negative in fiscal 1999 and 27% in fiscal 1998. This deterioration is the result of decreased contract revenues. Research and development expenses increased by approximately 13% in fiscal 1999, to $382,445 from $338,615, and selling, general and administrative expenses increased by 18% to $727,988 in fiscal 1999 compared to $616,532 in fiscal 1998. The increase in costs of sales, research and development and selling, general and administrative expenses reflects our focus on product development, including the hiring of additional personnel for production, marketing, and sales.

We reported a loss from operations in fiscal 1999 of $2,591,750, a substantial increase over the loss from operations of $1,096,626 in fiscal 1998. This loss results from the combination of significantly decreased revenues without a corresponding decrease in costs and expenses.

We realized $228,195 in interest income in fiscal 1999, down 27% from $310,925 in fiscal 1998, reflecting lower average cash balances during the year. Interest expense in fiscal 1999 totaled $149,243, down 18% from $181,066 in fiscal 1998, reflecting reduced balances on outstanding obligations.

Our net loss in fiscal 1999 was $2,513,798 compared to $967,767 in fiscal 1998. As noted above, this loss was primarily a result of significantly decreased revenues and significantly higher cost of sales and other operating expenses.


LIQUIDITY AND CAPITAL RESOURCES


Our cash and cash equivalents at March 31, 2000, totaled $5,941,906 as compared to $2,812,849 at March 31, 1999. We used $3,537,944 of net cash for operating activities, of which the most significant cause was our net loss of $3,796,296. We used $195,342 net cash in investing activities in fiscal 2000, all for the purchase of property and equipment. This compares to use of net cash of $236,891 in fiscal 1999 and $925,494 in fiscal 1998. In all three years, such property and equipment was purchased primarily for the Aberdeen




facility. During fiscal 2000, we received $6,862,343 net cash from financing activities, primarily from sales of our common and preferred stock. In 1999, we used $159,685 net cash in financing activities, which included payment of a $240,000 balance on a loan from the Minnesota Agricultural and Economic Development Board.

In connection with the construction of the manufacturing facility in Aberdeen, we took advantage of certain economic incentive programs offered by the State of South Dakota and the City of Aberdeen. At March 31, 2000, the total principal outstanding on the several loans obtained in connection with these financing packages was $3,049,258. Interest on the loans ranges from 0% to 6.75%, and the loans are due between 2003 and 2016. For further information regarding these loans, see Note 4 of Notes to Financial Statements included in this Report. These loans require us to maintain certain minimum levels of net worth and income to outstanding debt ratios. We were out of compliance with these covenants in fiscal 2000. Such noncompliance does not constitute an event of default but triggers further covenants under the loan agreement, with which we were in compliance at March 31, 2000.

We anticipate approximately $2 million in capital expenditures in fiscal 2001, primarily for equipment. The funds for these purchases will come primarily from proceeds from sales of our securities pursuant to a "shelf-registered" public offering, described below.

Our use of net cash in operating activities during fiscal 2000 emphasizes our need to increase sales in order to maintain operations. For the past several years, we have been working on the design and development of new optoelectronic products, in particular a dense wavelength division multiplexer and products based on Gallium Nitride technology. In order to focus on these efforts, beginning in fiscal 1998 we reduced our emphasis on contract research and development, resulting in significantly reduced revenues. This shift in emphasis was necessary to utilize our personnel and facilities in the product development effort. We believe that design of the new products and the manufacturing process is now essentially complete, and we have stepped up efforts to market these products. However, we cannot guarantee that we will succeed in increasing revenues. If we do not adequately increase revenues, we plan to decrease expenses by reducing inventory and personnel and discontinuing one or more products. In addition, we have investigated and will continue to investigate sources of additional capital. In March 2000, we sold 500 shares of 2% Series A Convertible Stock in a private transaction for gross proceeds of $5 million. In April 2000, we filed a "shelf registration statement" for sale of up to $100 million of common stock to institutional investors at market based prices from time to time through a placement agent, Ladenburg Thalmann & Co. Through June 23, 2000, we sold 574,036 shares of common stock in this offering for gross proceeds of $8,450,941. However, we cannot guarantee that we will be able to obtain additional financing through this offering or otherwise, if needed.


YEAR 2000 READINESS


The cost associated with our year 2000 readiness program was not material. Since January 1, 2000, we have not experienced any significant year 2000-related problems and we do not expect any to occur. Thus, we expect that any future costs will not be material and will have no adverse effect on our earnings or financial position.





FORWARD LOOKING STATEMENTS


Statements in this Report about future sales prospects and other matters to occur in the future are forward looking statements and are subject to uncertainties due to many factors, many of which are beyond our control. These factors include, but are not limited to, the continued development of our products, acceptance of those products by potential customers, our ability to sell such products at a profitable price, and our ability to fund our operations.


ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.


Our operations are not currently subject to market risks for interest rates, foreign currency exchange rates, commodity prices or other market price risks of a material nature.


ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.


See Item 14(a)(1) for financial statements filed with this Report.


ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON

ACCOUNTING AND FINANCIAL DISCLOSURE.


None.









--------------------------------------------------------------------------------

[DrLuck]

Thursday June 29, 3:36 pm Eastern Time
Company Press Release
SOURCE: APA Optics, Inc.
APA Optics, Inc. Has Loss for Fiscal 2000 and Fourth Quarter, But Raises Capital and Presses Forward in Global Marketing of New Products
Company Raises Over $14 Million in Capital Markets in First Three Months Of Fiscal 2001; Looks to Increased Sales, With Potential for Profitable Operations in Fiscal Year Beginning in April 2001
MINNEAPOLIS, June 29 /PRNewswire/ -- APA Optics, Inc. (Nasdaq: APAT - news) today reported that it had a loss of $3,796,296, or $0.43 per share, for the 2000 fiscal year ended March 31, 2000, an increase from the loss of $2,513,798, or $0.30 per share, that was experienced in fiscal 1999. Management expected the loss for the year, which was attributed to expenses associated with its transition to its role as a marketing and manufacturing organization. For the fourth quarter of fiscal 2000, ended March 31, 2000, APA Optics had a loss of $935,454, or ten cents a share, as compared to a loss of $758,445, or nine cents a share, in the fourth quarter of fiscal 1999.

Reflecting the transition in its business role, revenues in fiscal 2000 totaled $420,809, as compared to $722,030 in fiscal 1999 and even higher levels in earlier years. For the fourth quarter of fiscal 2000, revenues were $181,667, as compared to $92,908 for the same period in the 1999 fiscal year.

Anil K. Jain, president and chief executive officer of APA, said the loss was expected, largely due to spending on fabrication systems, personnel and new product marketing. ``Though a loss is not welcomed, we have recognized that APA`s transition to its planned role as a manufacturer and marketer of advanced technology products would only come with some costs,`` said Jain. ``We have worked to minimize the cost, but it is being borne through the losses we have experienced.``

The Company has been actively raising capital both in the current fiscal year and the just ended 2000 fiscal year. Through June 29, 2000, the Company has issued 1,011,166 shares of common stock, with gross proceeds totaling $14,450,941 and net proceeds of $13,983,935. The shares were issued against the $100 million S-3 shelf registration statement filed with the SEC in April 2000. The shares of common stock have been sold to institutional investors at market-based prices from time to time through the Company`s placement agent, Ladenburg Thalmann & Co. In the fourth quarter of fiscal 2000, the Company sold 500 shares of 2% Series A Convertible Stock in a private transaction for gross proceeds of $5 million.

Looking to the future, Jain said the Company`s products have drawn significant attention in the marketplace and that additional sales are anticipated. He also suggested that additional new products would be introduced in coming months, particularly in the area of gallium nitride technology.

While the Company`s dense wavelength division multiplexing (DWDM) components receive considerable attention in the more visible fiber communications industry, APA`s gallium nitride products, including the consumer ultraviolet light watch monitor, are expected to generate substantial coverage in the months to come.

In the area of product marketing, Jain said: ``We are making a committed effort to enhance and expand our marketing efforts, in part through establishing product marketing teams, which will have capabilities in application engineering.``

At the end of the 2000 fiscal year, March 31, 2000, APA Optics had 8,986,525 shares of common stock outstanding, as compared to 8,512,274 shares outstanding at the end of fiscal 1999. Shareholders` equity at March 31, 2000 was $6,306,049, up significantly from the $3,389,295 reported for March 31, 1999.

APA Optics, Inc. ended the 2000 fiscal year with a cash balance of $5,941,906, as compared to $2,812,849 at the end of fiscal year 1999, primarily as a result of sales of the Company`s common and preferred stock during fiscal 2000.

Forward-looking statements contained herein are made pursuant to the safe harbor provisions of the Private Litigation Reform Act of 1995. These statements are based upon the Company`s current expectations and judgments about future developments in the Company`s business. Certain important factors could have a material impact on the Company`s performance, including, without limitation, delays in product development, delays in or increased costs of production, delays in or lower than anticipated sales of the Company`s new products, and other factors discussed from time to time in the Company`s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update such statements to reflect actual events.


APA OPTICS, INC.
FINANCIAL RESULTS

Three months ended Twelve months ended
March 31, March 31,
2000 1999 2000 1999

Revenues $181,667 $92,908 $420,809 $722,030
Operating Costs &
Expenses 1,108,879 870,757 4,174,432 3,313,780

Operating Loss (927,212) (777,849) (3,753,623) (2,591,750)
Interest Income/
Expense Net (7,992) 19,654 (41,673) 78,952

Net Loss $(935,454) $(758,445) $(3,796,296) $(2,513,798)

Net Loss Per Share-
Basic and diluted $(0.10) $(0.09) $(0.43) $(0.30)

Weighted average
shares outstanding,
basic and diluted 8,986,525 8,512,274 8,744,125 8,512,274



APA Optics, Inc. manufactures and markets advanced products for the fiber optic communications, optoelectronics and laser industries, including wavelength division multiplexed (WDM) components, ultraviolet (UV) detectors, nitride epitaxial layers and custom optics.

SOURCE: APA Optics, Inc.

[DrLuck]

apa optics schloß heute in den usa mit + 4,91 %
bei einem hohen umsatz von 408.300 stück

cu DrLuck

[DrLuck]

apa optc schloß heute in den usa mit +4,91% bei einem hohen umsatz von 409.300 stück.

cu DrLuck

[DrLuck]

wow - die aktie ging heute in den usa richtig ab

umsatz, sage und schreibe heute 2.050.800 stück und ein plus von 17,87 %, tageschlußkurs us$ 17 5/16

da sind auch richtig große päckchen über den tisch gegangen

bei uns schlappe 216 stück und noch im minus

ich denke in den usa haben sich heute auch institutionelle anleger eingedeckt

kann das die wende sein?

ab nächste woche geht es bei uns bestimmt auch richtig gen norden

cu DrLuck

[KingKong2]

Aktueller Kurs 14,06$ ; knapp über Jahrestief bei 11 $
Bis jetzt enttäuschend; aber was nicht ist, kann ja noch werden...

So long King Kong

[quadral66]

Apa heute in FSE bei 13,5 €. Wenn ich mir am Jahresende diesen Kurs ansehen werde, werde ich wahrscheinlich wehmütig zu weinen beginnen und mich fragen, warum ich keinen Kredit zum Apa- Großeinkauf aufgenommen habe

[DrLuck]

Gibt es einen vernünftigen Grund warum der Wert in den USA so abstürzt?

Aktuell - 14,58 %

cu DrLuck

[quadral66]

Für mich auch nicht klar. Daß gestern das 52 Wochen Low nach unten durchbrochen wurde, war wohl einer der Gründe.
Trotz allem bin ich nach wie vor sehr optimistisch und lasse mich von solchen Ausschlägen nicht irritieren.
Daß Apa äußerst volatil ist, haben wir ja in der Vergangenheit gesehen. Sowohl in Richtung Norden als auch in Richtung Süden.
Wer weiß vielleicht gehts ja heute an der Nasd. schon wieder aufwärts mit dem Wert

[papatomtom]

Wer kennt die Gründe für den rasanten Anstieg heute abend? Bitte um Info, da ich so langsam an der Taipan-Einschätzung hohes Potenzial zweifle.

[diwa]

Alcatel hat 25 dwdm von apa gekauft - und alcatel ist jemand in
diesem Geschäft


regards

DiWa