| Raymond, come on out of the closet, stand up and be proud, you and Victor are way too happy, you guys have to be shorting this sector. No problem, just be men enough to admit it, so people can see where your bias is coming from. Some of these optical equipment co.s will make it to the next generation, and get a lot of business through out the whole world, and have the earnings and revenue stream to warrant high valuations. Presently which co.s will make the cut is still in question, from day to day. Not to mention which part of the network build out, seems most viable, at present. One day the ethernet switch stocks do well, because that sector can be upgraded for shorter money, and still provide a much higher level of bandwidth. Another day when all else fails, were back to DSL, because at least that's something. It used to be all about Juniper, but then some of their customers started to show signs of hurting, they also have been know for their long haul switches, and that's slowing down. Lately Ciena has been doing well, because they have gained contracts from others. But none of these co.s above, or I venture to say the new optical IPOs to come on line, have Avanex's patents, do they? So in your merry little (short) sighted thinking, you two are going to miss out on the ride of your life. I missed QCOM because I didn't invest four years before it took off. I let myself be talked out of investing in it early on. I recognized that CDMA was going to be the standard for wireless. I thought when the stock starts to move I will get in. It moved too far and too fast. I don't plan on letting the same thing happen. Forget about the near term problems the telecom world is having with making the transition into the 21 century, and show me a company that has a better more encompassing optical technology for the 21 century. |
