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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: Techplayer who wrote (395)4/12/2000 10:25:00 AM
From: Andy Yamaguchi  Read Replies (1) of 2293
 
Yesterday, in ETEK's conf. call, ETEK said that their interleaver DWDM was well received. As more and more people like GLW, ETEK, JDSU, Oplink, New Focus.. and many others are shipping INTERLEAVER DWDM in volume, AVNX's only product is facing big competiions. AVNX's stock price followed my prediction very well in the past. I see this one to trade at 50 or under in May as huge insider selling taken place due the expiring of lockup period. AVNX's insiders own 90%+ of the stock that is why this insider selling is going to be huge and the stock is going to get big hit as a result. Only 30 days left for the lockup the insider sell from now.
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