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 (825)	10/26/2000 5:27:47 PM
From: Shaw	Read Replies (1) of 2293

Robert the first part of your projection of 80,70 or 55 came to pass today, Avanex hit 80 before bouncing. The big boys took some of the high valuation out of the high tech. co.s for the 21 century today. I had to keep leaving the screen, only to come back to higher prices off the low, I hesitated and second guessed myself, as I exspected the move up not to hold. Oh well, for today it looks like, one will have to learn to live with high valuations. We shall see what jdsu's conference call brings. As I close I see avanex has moved back up in the after market, from the close, maybe good news coming from jdsu.

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