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: robert duke who wrote (740)	10/13/2000 12:34:36 AM
From: zebraspot	Read Replies (1) of 2293

From Gilder today on the GTR forum : [in response to a poster saying AVNX would soar if only one or two analysts would initiate coverage]: >>In that case, you should know that Morgan Stanley has initiated coverage with a highly auspicious report on October 12, giving a price target of $175 and a revenue projection of $133M in FY 2001 which begins this quarter. This projection compares to some $40 million of revenues in FY 2000, with the latest 4Q number at $19.3M. Avanex reports design wins at Fujitsu (the add drop Power Exchanger), Nortel, Sycamore, as well as WorldCom. --GG<<

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