A positive focus on Avanex, posted by pingu, at Raging Bull
Money Central has some positive comments for Avanex and other optical component companies:
moneycentral.msn.com
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Some bright spots in technology
Things are not all bad in tech land. Many analysts, for example, suspect the capital spending slowdown fears are overblown. They note that telecom carriers, for example, typically start off the year with fairly conservative spending plans, but then increase them as the year goes on.
Others see no signs of a slowdown in spending on the cutting-edge optical equipment used to build out the Internet. Indeed, while tech estimates in general are coming down hard, the numbers for many of these firms are strong and holding. Optical-component makers with strong earnings revisions include: Avanex (AVNX, news, msgs), Avici Systems (AVCI, news, msgs), New Focus (NUFO, news, msgs) and Finisar (FNSR, news, msgs).
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Regards,
pingu |
