Bookham, Inc. (NASDAQ: BKHM, BKHM message board) announced on June 26, 2008, that they have begun production of a low-ripple filter for analog transmission in the CaTV and FTTx markets, after the device was qualified for customers. The filter is capable of increasing network capacity by using Dense Wavelength Division Multiplexing technology. The low ripple values enable it to stand among the best industry performers, providing up to 20 times better performance.
Bookham's product line manager Anthony Abdilla, commented on the technology "Our ripple values demonstrated with this filter are as much as 20 times better than the industry norm. Bandwidth expansion over analog transmission requires the flattest, highest performance ripple filters to ensure low interference and high CSO (composite second order) values, and with the product successfully qualified and into full-volume production we are ideally suited to meet the needs of the major cable operators and service providers."
The announcement had some positive effect on the company's stock at first, however the share price plummeted nearly 12% for the day, June 27, 2008.
Although Bookham has a large and diversified technology portfolio, the company still hasn't manage to become profitable. Despite the net loss narrowing on increasing sales, there's still no sign of profitability.
On the other hand, the company still has abundant cash reserves so their stock might prove to be a good long term investment.
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