Xtera Communications XCOM IPO

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Xtera (NASDAQ: XCOM) provides long-range high-capacity optical networking systems. Company claims that they are unique because they simultaneously offer very high speed *and* long distance solutions. In the past most customers wanted one or the other - now everyone wants both. 

XCOM is growing rapidly but is still fairly small. They should do about $60M in revenues this year - on which they will lose about $5M. The company is offering 5.5M shares at a $10 mid-point. Once public the market cap would be just under . . .

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