Oclaro, Inc. (Avanex-Bookham) Message Board

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

OCLR 8.260

0.0%

Dec 10 4:00 PM EST

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To: que seria who wrote (1781)	3/28/2001 3:48:14 PM
From: zebraspot	Read Replies (2) of 2293

This market hates these stocks now. You could try to be clever (by half) and get contrary and buy against the trend...but, these trends (and the bad associations), usually stay in place for a long time. Impressions die hard (as evidenced by the die-hard old bulls here). My single digit prediction (of a month ago) is nearly met. Seeing how quickly and ugly it fell, I revise it to low to mid-single digits. It might be worth a look at 3-4. Then again, based on what Frank observed a few posts back....maybe not. A $700m market cap is still way, way high. Maybe 200 million?

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