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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: tinkershaw who wrote (931)11/13/2000 11:11:32 PM
From: tinkershaw  Read Replies (1) of 2293
 
Just to put it in the simplest terms, since everyone is throwing out different numbers. What I stated was my estimate for calendar year 2001 revenues is approximately $455 million.

This is, if the price does nothing, approximately 12x calendar 2001 revenues. This is no price target and no projection of stock price. This is simply that at the current valuation of AVNX it is selling for approximately 12x calendar year 2001 expected revenues.

Any questions?

Tinker
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