IPOs/recent issues: BOOKHAM TECHNOLOGY –

Oxfordshire, England,

Went public 4/12/2000 at $15.83 apiece

Filing Range:19.36 mil. shares @ $12.56 to $15.7

Shares Outstanding:117.6 mil. shares

Underwriters:Goldman Sachs

Banc of America/Robertson Stephens/

Wit SoundView


(Data in $ millions)


12/98 12/99

Total Revenue GBP.08 GBP1.91

Net Loss -12.05 -16.05

The Company:

Bookham Technology designs, manufactures and markets optical components based on silicon chips that generate, detect, route and control light signals in fiber-optic telecommunications networks. The company believes it is the first of its kind to integrate light processing functions on a silicon chip using high volume semiconductor manufacturing methods. Its products allow fiber-optic networks to be constructed efficiently with advanced capabilities to combine, manipulate and process light signals to meet the growing demands of Internet traffic.


The estimated $277.2 million generated by the offering will be used for capital expenditures to expand the company’s production, assembly and testing facilities, for additional research and product development, and for general working capital purposes.

Venture Backers:

3i Group plc, Scientific-Atlanta Inc., Cisco Systems Inc., Intel Corp., Celtic House Investment Partners Ltd., Volendam Investeringen N.V.

Board Members:

Andrew Rickman

David Simpson

Lori Holland

Graham Miller

W. Arthur Porter

Jack St. Clair Kilby

Robert Rickman

Denis Pomroy