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 (272)	9/6/2002 4:55:30 PM
From: All Mtn Ski	Read Replies (1) of 509

Well, I don't think FNSR is being manipulated now on the convertible. It was a one day manipulation back in Sept 2001. If the daily volume adds up to $25 million total, then that is what I mean by spending $25 mil to get the price down, so that the people that are spending $100 million on the convertible get a much better deal and are happier with their underwriter, ML. This really was all speculation on my part, but it seemed so fishy at the time, and for sure FNSR stock took off, so if they did wait, the company could have reaped more cash from the offering. I think some of today's weakness is because of CSCO, they said August was lousy at some conference, so suppliers to CSCO like PMCS and FNSR are down. A-M-S

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