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Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?


To: Andy Yamaguchi who wrote (186)2/29/2000 1:44:00 AM
From: mact  Respond to of 2293
 
APAT closed at around 28 on Feb. 7, touched 64 two days later. Up 8 1/4 at 54 1/2 today. From Feb. 7 when I posted the stock -here to today, apat doubled, while AVNX gained only about 20%.
I am not saying AVNX is not a good company. I am trying to say comparing avnx's market value, there are much better companies in this fiberoptics area. As I discussed before, no one shall short AVNX without long on ETEK. But long on ETEK and short avnx is a very safe way to make money, just like playing option spread. Risk is quite small.


andy, not according to my source...i checked on yahoo also and the range was 40 to 64 for apat(closed at 54 1/4)...so ur figures are off by abit...i think apat is down from when u told us to buy(57 i believe..i have decent memory but facts are better<gg>)

chart.yahoo.com

mact