Oclaro, Inc. (Avanex-Bookham) Message Board

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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)

OCLR 8.260

0.0%

Dec 10 4:00 PM EST

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To: Netstockfiend who wrote (722)	10/11/2000 7:13:32 PM
From: Techplayer	Read Replies (1) of 2293

Netstockfiend, Today's drop apparently hit and bounced off of the 1994 trendline according to LG of the MDD thread. It also came within 60 points of the low for the year. With RBAK and AMD beating estimates and more positive news coming from the likes of JNPR tomorrow, there will need to be a new catalyst to absolutely kill the market (sub 3k) imo. We could get there. all that it would take is a lob from Iraq... I am not betting on it. I took today's action to buy and sell the opticals to reduce my averages to about 10% below present levels. AVNX is not one of them as I missed it and ONIS. I will buy AVNX if we can get back to 81... tp

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