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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: Glenn Petersen who started this subject3/18/2001 11:31:13 PM
From: zebraspot  Read Replies (2) of 2293
 
Single digits coming soon.

Problem with these Billion Dollars market cap companies. like AVNX, is that a Billion dollars is still a lot of money. In the old New Era, many missed that point.
In this saner market, people are remembering that again.

Is a relatively new company like AVNX, with products that may or may not catch on one day, so easily and, ho-hum casually, worth a thousand million dollars?
Not of my money.
Maybe one day. No where near soon, though.
(and it sure as hell wasn't worth the 7 Billion (and more!) that it used to trade for!)

A half billion market cap is more than generous(and fanciful) IMHO --- and that takes the stock to 7.
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