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: FJB who wrote (2224)	1/7/2008 6:03:04 PM
From: The Ox	Read Replies (1) of 2293

Like too many other stocks that have bad news lately, the market has been totally destroying them. Miss revenue targets by 10%, stock drops by 50%! However, AVNX net tangible assets are like 27 cents per share. While the company is finally supposed to be profitable this fiscal year, they've been losing money for a long time. Not many people want to hold turnaround stocks at this time!

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