Finisar - FNSR Message Board

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Technology Stocks : Finisar - FNSR

FNSR 23.77

0.0%

Sep 24 5:00 PM EST

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To: All Mtn Ski who wrote (236)	8/21/2002 3:53:22 PM
From: Kirk ©	Read Replies (1) of 509

I checked out Soundview's site and read the research, it confirms that profits at FNSR are a ways off, they have a quarterly break even of $70 mil, and only did $42 mil this past quarter. What those numbers don't tell you is can they be profitable even at $70M when their competition, Agilent, can sell product made in Singapore BELOW Finisar's price? Convince me that FNSR can compete on price and i might bite... otherwise... only the low cost producers will survive unless there is another bubble where now bankrupt end customers will pay "any price" for the equipment. Kirk

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