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 (309)	10/9/2002 9:31:29 PM
From: A.L. Reagan	Read Replies (2) of 509

Last close above a dollar was 9/12, so 10/14 would be the first trading day of 30 consecutive calendar days under a $1. What does it take NASDAQ, a week after to send the delisting warning notice and then another 30 days to get the price up or its off to small cap land or worse, the dreaded pinks? Don't quite recall, it's something like that. Given the book value and company size, anybody see a reverse split in the cards for FNSR? It looks like these guys could burn cash at the current rate for at least another year before tubing - and no debt they could drag it out longer. The systems houses did OK today, not FNSR. Watching, waiting, not buying.

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