Would you Robert, and Krikor Quullekian, impristrine, Thomas Tum, and others, would you care to share at what price, Avanex's shares would be fairly valued. Would you also, support your case with projected growth rates, and the size of Avanex's projected markets over the next 10 years.
The point is, the market doesn't have a clue, about how big Avanex's share, of the future projected optical market, is going to be. It is hard to buy the bottom. Institutions can't, because they have to buy too many shares. They have to cost average in over time. They know they will make money, over time, as long as Avanex continues on its present path. The last quarters conference call was really solid.
But for all I know this stock could hit 36, it doesn't really matter, if your long term, and Avanex continues to preform, and grow to its potential.
Any input on what constitutes a reasonable share value, would be appreciated, as I plan to add to my small Avanex holding, at some point. |