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

To: xgin who wrote (2119)	3/12/2006 7:12:05 PM
From: david matherly	Read Replies (1) \| Respond to of 2293

Nice to see some discussion over here for a change...Also nice to see each post a real post unlike Yahoo which has become really disgusting...I have owned AVNX now for over 2 years and with some averaging down, am getting close to breakeven..I have also owned FNSR for over 2 years and believe it has also just begun a nice 2 year run or so.. I came to SI in '96 also and do miss the many good posts of the late 90's..

To: xgin who wrote (2119)	3/12/2006 10:11:35 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 2293

Yeah... I see where you tried to post those chart links to Bigcharts and they didn't transfer properly (except the hourly chart worked).. I have to say, you honor me.. ;0) Btw, I played AVNX a couple of weeks ago when it first ran above 1.50/share.. I got scared off by the volume the day before, despite the massive accumulation that was evident that day, and thought I was going to get a retracement, so I sold.. The Stock obviously never looked back. So that weekly accumulation we ended with next week, PLUS the very controlled manner in which the mmkrs would hammer on the Ask, seems to make it appear they might let it run this week, permitting them to comfortably go short at higher prices, and then dropping it back down possibly to the 3-3.50/share range, which is where it topped out back in Jan, 05. I think they need this stock to exceed $3/share so that more institutions will be convinced to buy the stock and shore of the foundation of the stock. As it stands right now, support is at $2/share and given the accumulation from last week that was evident, many institutions might be a little upset to see their stock positions fall below what they paid for it (especially after all of that evident price manipulation we saw in the later part of last week as they tried to keep a lid on it). We'll see if I'm reading the tea leaves properly.. Hawk