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: Glenn Petersen who started this subject	11/6/2000 11:50:39 PM
From: landisman	Read Replies (1) of 2293

Someone BIG is accumulating at $105. Check out the chart...level 2 quotes confirm it as well. In the past week, everytime this stock started to trade higher, it was pulled back to $105. I think we are establishing a nice base at $105, and the gap from $90 to $110 has essentially been filled. It may be that guys like Landis, Van Waggoner and Nicholas-Applegate, as well as McCall with Merrill Lynch, are having orders filled and aren't willing to pay anything higher than $103-105. I agree with the previous poster regarding a new attitude on The Street regarding this company following an outstanding earnings annoucement and conference call. If you haven't heard the conference call, I HIGHLY recommend you listen to it if you are interested in this company long term or for a short term (2-3 month swing). You can hear the replay on their website avanex.com or on vcall.com. Later. Dave rebornempowered@yahoo.com

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