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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: Kayaker who wrote (1478)1/22/2001 1:25:56 PM
From: Jeffry K. Smith  Read Replies (1) of 2293
 
I cannot imagine earnings of any sort that will sustain this rally the past few days - ~$40 to $80, and go higher....

I am a very poor chart reader, but from what I read it seems to reinforce my thoughts - the stochastics seem to say "overbought".

I would very much appreciate any comments on my observations, and thank you.

JKS
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