I think it's time to buy given the risk/rewards situation. IPGP & Cohr had great earnings and visibility. Hopefully this gives some insight into the industry and should propel Newp back to $14-16 with any kind of sound earnings report.
I agree. The stock is very cheap both on a valuation basis and given the future upside for the company. Not sure how the market will react to current earnings, but I think this is one stock where you could double your money in 12-18 months.