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: Lane Weatherly who wrote (259)	8/30/2002 11:50:14 AM
From: All Mtn Ski	Read Replies (1) of 509

Well, FNSR was looking good until the outlook portion of the CC <bg>, which wasn't too bad, IMHO: Revenues flat in the next quarter with gross margin expansion for the rest of the year. Revenue growth resumes after next quarter. Did not lose market share or experience large price declines. Cash burn lowered to $15 mil a quarter, had $112 mil at the end of quarter, enough cash for roughly 12 quarters, and they expect their cash burn rate to continue to decrease. Making excellent inroads with gigabit ethernet. Looking for profitability by 4th quarter or the 1st quarter FY 2004. I am going to see how the next week or so treats this issue before moving on. A-M-S

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