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Optical Communications Products, Inc.
20961 Knapp Street, Chatsworth, CA 91311 * (818) 701-0164
Business Description The company designs, manufactures and sells a comprehensive line of high performance, highly reliable optoelectronic subsystems and modules for metropolitan area networks and high-speed premises networks using fiber optic technology.
Offering
Information

Company has
gone public

Trading As  OCPI (NASNTL) Industry  High-Tech (SIC 3674)
Type of Stock Offered  Class A Common Shares Filing Date  8/31/00
Domestic Shares Offered  10,500,000 Offer Date  11/2/00
Foreign Shares Offered  0 Filing Range  $10.00 - $12.00
Company Shares  10,500,000 Offer Price  $11.00
Selling Shrhldrs Shares  0 Gross Spread  $0.770
Gross Proceeds  $115,500,000 Selling  $0.460
Expenses  - - Reallowance  $0.100
Post-IPO Shares  104,371,440 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
UBS Warburg LLC Lead Manager  
J.P. Morgan & Co. Co-manager (212) 648-0517
U.S. Bancorp Piper Jaffray Co-manager (612) 342-6220
Wit SoundView Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data 9/30/95 9/30/96 9/30/97 9/30/98 9/30/99 6/30/99 6/30/00
Revenues   5.488 6.747 10.126 19.620 36.036 23.325 69.061
Income from Oper.   1.088 1.459 2.932 6.044 11.613 6.911 28.059
Net Income   0.643 0.930 1.789 3.671 7.036 4.152 16.706
E.P.S   0.020 0.040 0.060 0.130 0.260 0.150 0.610
Revenue Growth (%)      22.94 50.08 93.76 83.670   196.08
Net Income Growth (%)      44.63 92.37 105.20 91.66   302.36
Oper. Profit Margin (%)    19.83 21.62 28.96 30.81 32.23 40.63 29.63
Net Profit Margin (%)    11.72 13.78 17.67 18.71 19.52 24.19 17.80
Cash Flow - Oper.     2.24 1.50 6.61
Cash Flow - Inv.     -4.88 -0.69 -6.02
Cash Flow - Fin.     3.23 0.01 -0.24
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/00 Financial Ratios
Total Assets    49.04 Current Assets    41.50 Current Ratio    2.84
Total Liab.    17.14 Current Liab.    14.63 Debt Ratio    34.95%
Total Equity    31.90 Working Cap.    26.87 Debt to Equity Ratio    0.54
Cash    2.80    Return on Assets   34.07%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including expansion of manufacturing capacity, expansion of research and development operations, expansion of sales and marketing activities, expansion of international operations and possible acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brobeck, Phleger & Harrison
Bank's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Auditor  Deloitte & Touche
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Furukawa Electric North America, Inc. 70.30  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 11/5/00 4:49:35 PM
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