Oclaro, Inc. (Avanex-Bookham) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oclaro, Inc. (Avanex-Bookham)

OCLR 8.260

0.0%

Dec 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zebraspot who wrote (1724)	3/21/2001 10:23:33 PM
From: greedsgd_2000	Read Replies (1) of 2293

I AVOIDED OPTICS PRECISELY BECAUSE OF THE BUBBLE However, these stocks are never going to have multiples like insurance companies. In the realm of optics, AVNX has already gained a certain degree of credibility and this is backed by millions in sales to nearly a dozen customers, some very major. Even 10 yrs ago, many techs enjoyed high multiples, not like during the bubble of course, but nonetheless quite high. During the bubble, Nortel, LU and others would walk in and pay 1 billion plus, usually in stock, for optics companies often having nothing more than some a handful of engineers, some good but unproven ideas and sketches, w.o. even full working prototypes. AVNX has gone far beyond that. Just like so many failed to realize the bubble, now they fail to realize the bargain prices some of these stocks have reached.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next