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

To: zebraspot who wrote (1876)	7/3/2001 9:46:57 AM
From: rainwater	Read Replies (1) \| Respond to of 2293

Wishful thinking would be the word.... zebraspot anyway - I believe AVNX has been more penalized than many real lemons out there... this is not to justify anything but just to remind myself that you should measure everything by the same yardstick... in the end. we live and die by the market and our own emotional bias... I think it can go to 3 - but why 3 and not 1? for example.... if you could tell me your logic, that would help.... on a different note.... I read in many messages that the spike we saw last Fri was related to portfolio balancing... and haven't really understood what that is... except that its some window dressing by portfolio managers who try to keep their cake and eat it too. Zebraspot - here is my 2-cents. This is a small stock so the risk is very high. However the potential gains are also high - it takes just one big fund to enter to send this flying so fast - that I would rather stay in than out. I missed QCOM and JDSU from the Gildered days - until the Street caught up to who they really were. . I am taking a chance (based on a strong conviction that AVNX is the real thing) that it is worth seeing 3 if it is only on the way to 100. Good luck