Kopin Corp (KOPN), a maker of ultra-compact, high resolution liquid crystal displays and heterojunction bipolar transistors (HBTs) for a variety of applications, continued a strong uptrend last Thursday. Kopin's customer list includes major names like Samsung, JVC, Raytheon and Kodak. The stock traded over three times normal volume and has seen two other dense trading days since the beginning of April. Since an early March low of $1.48, shares of KOPN have rallied nearly 113%. RSI and momentum technicals look solid and traders who like to find a wave of recent success may find this one to be worth the ride.

Despite a trailing price-to-earnings ratio of just over 80, there is some fundamental value in KOPN shares. Just over half of the company's $215M market capitalization is net cash and equivalents. That's not a common statistic for a profitable company in a high growth mobile business - Kopin has seen two year revenue CAGR of just over 27%.



