Oclaro, Inc. (Avanex-Bookham) Message Board

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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)

OCLR 8.260

0.0%

Dec 10 3:00 PM EDT

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To: FJB who wrote (2267)	10/28/2010 11:37:11 AM
From: Glenn Petersen	Read Replies (2) of 2293

The market over-reacted. I'm guessing that the big problem was the revenue guidance. If you back out the exchange losses, they hit the projected EPS. I picked up some shares at $8.50 this morning in anticipation of a short-term bounce.

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