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

To: Kayaker who wrote (1485)	1/23/2001 4:14:03 PM
From: zx	Respond to of 2293

what is the ingangible asset listed below? it really helps the balance sheet. December 31, June 30, 2000 2000 ASSETS Current assets: Cash, cash equivalents and short-term investments $195,252 $184,321 Accounts receivable, net 24,329 9,942 Inventories 20,354 8,266 Other current assets 2,712 1,922 Total current assets 242,647 204,451 Property and equipment, net 35,630 14,990 Intangible assets 47,962 -- Long-term investments 32,421 56,943 Other assets 682 1,757 Total assets $359,342 $278,141

To: Kayaker who wrote (1485)	1/23/2001 4:33:20 PM
From: Kayaker	Read Replies (2) \| Respond to of 2293

AVNX currently trading at 75-76, down from the close of 81 7/8.

To: Kayaker who wrote (1485)	1/23/2001 5:06:01 PM
From: SecularBull	Read Replies (1) \| Respond to of 2293

Avanex Q2 sales, operating income top expectations FREMONT, Calif., Jan 23 (Reuters) - Avanex Corp. (NasdaqNM:AVNX - news), which makes fiber optic-based products, said on Tuesday that it had grown sales by 27 percent in the second quarter, topping expectations for both revenue and profits. The company, which makes processors that allow for increased bandwidth on optical networks, reported net revenues of $47.9 million for the quarter ending Dec. 31 -- about 12 percent better than analysts had expected. Net revenues were up from $34.8 million in the prior quarter, a sequential gain of 27 percent. Avanex reported pro-forma operating income of $4.1 million or 6 cents a share in the quarter, excluding amortization charges. That beat the average forecast of analysts following the stock which had been for an operating profit of 5 cents, according to First Call/Thomson Financial. ``It was, for us, a successful quarter,'' the company's chief executive Walter Alessandrini said in a statement. Shares in Avanex fell back to $79-1/4 in after hours trade, down from a close of $81-7/8 on Nasdaq. The stock had rallied 34 percent so far this year before Tuesday trade.