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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)
OCLR 8.2600.0%Dec 10 4:00 PM EST

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To: Hawkmoon who wrote (2096)3/7/2006 10:22:19 AM
From: Hawkmoon   of 2293
 
WOW... 10 million shares traded in less than an hour.

Looks like good support is building around $2.15/share area.

$2.20/share is where the 20 Hour MA lies and that might provide a bounch back point.

We still have the conference tomorrow with Raymond James and it should provide a great opportunity to take some profits as the company outlines what the latest series of PRs mean for future business opportunities.

Hawk
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