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: Raymond Duray who wrote (1051)	11/18/2000 5:28:19 PM
From: Techplayer	Read Replies (1) of 2293

Raymond, Many CLECs have spent money building next generation networks with new equipment. Since some of these will undoubtedly run into loan difficulties, they will either need to sell or go to bankruptcy auction where one of the big guys can get the network at a fraction of fair value. in the case of GSTX and Time warner, TW tried getting the network for 1/2 of what it cost to build it. In the end, it paid about 2/3 due to shareholder lawsuits, etc. tp

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