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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)
OCLR 8.2600.0%Dec 10 4:00 PM EST
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To: Techplayer who wrote (1192)11/29/2000 10:53:39 AM
From: Shaw  Read Replies (2) of 2293
 
thanks for sharing, Techplayer, makes sense to me. You were cautious, and only committed 30% of what you eventually plan to put to work. There is no reason for Avanex to trade at its IPO price of 36. Avanex has become earnings positive since coming public, they have grown their plant and man power rapidly and are head of schedule in bring more next generation optical gear to market.
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