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

To: 2MAR$ who wrote (2152)	3/20/2006 12:10:13 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 2293

Maybe, but I think the degree of accumulation we saw on Friday, which an all-time high, is putting the shares in some strong hands and we're set for higher valuations. Overall, Barron's might be right about the higher valued companies like JDSU and FNSR, but AVNX should at least be trading at $5/share to even come close to any pull back in its competitors. I'm betting some hot money from JDSU and FNSR holders moved over AVNX, recognizing the unrealized value in the stock. It would be a nice hedge while the other high fliers consolidate. What say you? Hawk