cheap (and a fiber play). 2.9 milion shares outstanding (market cap less than $27 million). Sales doubled year over year - last quarter sales = $6.3 million (vs. $3.3 million). Earnings for the quarter = $499,000 vs. a loss of 144,000 a year ago.
From the second quarter report: Customers include Nortel, Alcatel, Lucent, Cisco, Sycamore Systems, Hewlett Packard, Solectron, Flextronics, and Celestica.
RE MXC and Optical Networking:
Ted Valpey, Jr., Chairman, Pres. and CEO, from the q2 report, dated August11, 2000:
"...OPTICAL NETWORKS are the technology of choice for wide bandwidth and high data rate transmission. Because of the convenience of wireless connectivity, optical networking and wider bandwidth are increasingly popular. This results in increased demand for higher frequency and higher performance timing devices, i.e. crystal oscillators. In an optical network, information is transmitted as light waves, and wherever the signal is generated, regenerated, filtered or processed, radio waves or electronic components are utilized. As a result, the growth of optical neworkings and wireless communication will add demand for high quality, high performance electronic timing devices."
MXC sent a year 2000 second quarter report to shareholders (just a small pamphlet) dated August 11, 2000. Everything, including the letter from Ted Valpey (the CEO) is in there. I haven't checked but it may be available on their website; I'm sure if you call them they'll mail it to you.