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


To: robert duke who wrote (855)10/29/2000 11:56:39 AM
From: r.edwards  Read Replies (1) | Respond to of 2293
 
I believe Gustaf might have simply been saying that AVNX will not fall prey to the NT syndrome, because of the reasons outlined in his post, ie., industry capex shifted to more efficient areas of optical, and mis-construed judgement by shorts.
Your position as to timing the market and waiting for another pullback to the 80 area and below has been noted by the whole thread. You might be right.
On the last pull back we were buying the dec, 130 and 135 calls for 2 1/2 to 3 $ and sold them for $12 in a week, we have loaded up once again. I might be wrong.