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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: Claude who wrote (1376)12/20/2000 5:30:52 PM
From: Keith Howells  Read Replies (1) of 2293
 
Claude,
I saw the bounce too but I am very concerned because I don't understand why it did. I could see it if there was an announcement or other event that would prop it up, but the lack of info and this, or any, stock trading up in a down market has me concerned. I guess you could say it's a great stock with a lot of potential, but there are a number of those out there that are like that that have been murdered.

I get the feeling that it somehow being manipulated to keep the price up, but I can't prove that. It reminds me of BRCD that held up for the longest time in a down market, then dropped big time. I got caught in that landslide and I don't want to get caught in one with AVNX.

Anything you can point to that would account for the strength today.
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