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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: dk10438 who wrote (339)3/28/2000 2:33:00 AM
From: Andy Yamaguchi  Read Replies (3) of 2293
 
We are having two mad longs who also asked others to buy AVNX at 270 three weeks ago. AVNX has lost nearly half of its value since I called to sell on March 9. Very low manufacture yield for DWDM production,intensified competitions for AVNX's only product in mass production-interleaver DWDM, poor outlook for AVNX's optical processor. These facts caused the big drop of the stock for the past two weeks. Some of the longs such as these two mad longs only know how to attack other people with different view, never provided us a reason why AVNX is so great to buy at this price comparing to other fiberoptics stocks. This stock is going to fall much more. As the lockup period expires on May 6, there will be much more sellings coming. See U under $100 soon.
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