Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeffry K. Smith who wrote (1499)	1/24/2001 1:13:38 AM
From: Kerry Lee	Read Replies (2) \| Respond to of 2293

The Conference Call was an unmitigated Disaster IMO. I bought in the 50's sold at 73 and watched in envy as AVNX climb into the 80's. Now I don't regret taking less profit. Virtually flat sequential growth from Dec qtr to March qtr ( $48 million going to $52 million ) is the kiss of death ( short term ) to a high valuation stock. The CEO sounded DEPRESSED as did the ANALysts who were grasping for straws looking for a silver lining to essentially an uncertain/cloudy outlook in terms of near term visibility. All the techno-babble near the end of the call put me to sleep.Then the CEO ended the call abruptly ( is he an ex-KGB agent or what?)...There is no question that the company has proprietary technology/patents and is in a great long term growth sector BUT Wall St has zero patience for disappointment. I might buy AVNX back if it gets oversold again.Maybe the shorts can create a dead cat bounce (?)