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Technology Stocks : Finisar - FNSR
FNSR 23.770.0%Sep 24 5:00 PM EST

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To: D. K. G. who wrote (195)1/21/2001 12:24:31 PM
From: riposte  Read Replies (2) of 509
 
So why did a year that ended so good financially...

The following is an extract from the above-name article @ Light-Wave.com.

BY KEVIN SLOCUM AND ROBERT MANDRA


[TEXT DELETED]

The other company that had our attention was Finisar. We spent the better part of the year fighting a battle with investors about the company's gross margins. It didn't matter that the company's top line was exploding because of incredible demand for Finisar's transceivers. The fact that customers couldn't say nicer things was irrelevant. The long-haul optical system players such as Ciena and Sycamore Networks were talking about the growing importance of Gigabit Ethernet technology in their product offerings, but nobody seemed to put two and two together with Finisar-despite the fact the company was proving that it was one of the best in the business at working with this communications protocol and had the vision to tell you the technology would be important before any of these long-haul players did. Instead, the success or failure of the stock seemed to be driven by a fairly understandable decline in gross margins that was precipitated by overwhelming demand for the companies lowest-margin product line.

[REMAINING TEXT DELETED]

FULL TEXT @
lw.pennnet.com
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