SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oclaro, Inc. (Avanex-Bookham)
OCLR 8.2600.0%Dec 10 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dk10438 who wrote (232)3/1/2000 6:49:00 PM
From: Andy Yamaguchi  Read Replies (1) of 2293
 
If you switched from AVNX to ETEK few days ago, when ETEK at 190, AVNX was at 190 too, you would have made much much more. Now ETEK is around 297 AVNX is still at 206. This gap is going to increase as the hype for AVNX cooling down. This is why I recommended to switch from AVNX to ETEK or long on ETEK/Short on AVNX in the same time. One can not short AVNX without long on ETEK. That is the game, a winner's game. I hope your guys finally will wake up. AVNX's price is due to very small float not due to the fundamental.

For all the longs, please do not think that my posts caused the stock down. With so many upgrades from big brokerages, I can never move the stock price. I am just an un-known investor. The fundamental and valuation were the cause. Smart guys are existing this one moving to others. Next week would be very interesting because so many big names, startups are going to announce major new products in upcomeing OFC. Some of the new products are competing with AVNX's directly. I guess the entire fiberoptics sector is going to get a big boost. Hard to say AVNX. I really think that yestearday's huge block sells at the close is very very negative for the stock in near term.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext