IPG Photonics the leading developer and manufacturer of a broad line of high-performance fiber lasers, fiber amplifiers and diode lasers that are used in numerous applications in diverse end markets, plans to use the net proceeds of the offering for general corporate purposes and to fund capital expenditures and working capital requirements. The Company may also use some of the net proceeds for acquisitions of complementary businesses and technologies, although no such acquisitions are currently pending.
Comical. You clearly know nothing about the laser industry. NEWP is the dog, IPGP is the darling. IPGP has no reason to acquire anyone of the legacy laser companies, and even it did, the most likely candidate would be RSTI due to their overlap. Why in the hell would IPGP buy this POS (NEWP) when there are five other, much better companies available?
Yeah- buy a 1970's "catalog" company that blew $350 MILLION at the height of the net bubble- and has ZERO to show for it. It's stock NEVER performs consistently, nor has the stock EVER performed consistently- $4 to $15, then back to $10 then maybe $20 then back to $10- a LOSER that can never produce consistent profit, cash flow or margins and has no unique technology or talent to its name and has NEVER paid a dividend. As hedgie stated- you're CLUELESS. NO ONE would buy this steaming diaper lode. This stock is on its way to $10 or lower by October- FACT.