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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

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Nov 21 4:00 PM EST

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To: Suresh who wrote (25074)	2/5/2000 12:59:00 PM
From: Johnny Canuck	Read Replies (1) of 68212

Hi Suresh, AVNX looks good. I usually don't do IPO's, but this one and Tellium, when it comes, might be the exception. Trading is usually too volatile in first 3 to 6 months for my liking. I originally saw the phrase "photonic processor" in an article describing AVNX and decided to pass as it sounded similar to AMCC. But, closer investigated shows that they make optical MUX's/DEMUX's and signal enhancement products, very necessary products as we move closer to an all optical backbone. eetimes.com

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