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Technology Stocks : Finisar - FNSR -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (387)	12/1/2010 5:27:34 PM
From: Kirk ©	1 Recommendation Respond to of 509

Very nice summary of IMPRESSIVE results here files.shareholder.com

To: FJB who wrote (387)	12/13/2010 10:07:38 AM
From: Kirk ©	Read Replies (1) \| Respond to of 509

Miller Tabak Boosts Price Target on Finisar (NASDAQ: FNSR) to $35.00 Auriga must have had a sell on the stock and look like morons... December 12th, 2010 americanbankingnews.com Equities research analysts at Miller Tabak boosted their price target on shares of Finisar (NASDAQ: FNSR) from $27.00 to $35.00 in a research note to clients and investors on Friday. The analysts currently have a “buy” rating on the stock. Separately, analysts at Auriga raised their price target on shares of Finisar from $16.00 to $22.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Finisar Corporation (Finisar) is a provider of optical subsystems and components that connect short-distance local area networks (LANs), and storage area networks (SANs), and longer distance metropolitan area networks (MANs) fiber-to-the-home networks (FTTx), cable television networks (CATV) and wide area networks (WANs). The Company’s optical subsystems consist primarily of transmitters, receivers, transceivers and transponders, which provide the fundamental optical-electrical interface for connecting the equipment used in building these networks, including switches, routers and file servers used in wireline networks as well as antennas and base stations for wireless networks. On July 15, 2009, the Company consummated the sale of substantially all of the assets of the Network Tools Division to JDS Uniphase Corporation (JDSU). In September 2010, the Company acquired Broadway Networks, Ltd. Shares of Finisar (NASDAQ: FNSR) traded up 0.76% during mid-day trading on Friday, hitting $25.33. Finisar has a 52 week low of $7.81 and a 52 week high of $25.81. The stock’s 50-day moving average is $19.78 and its 200-day moving average is $17.00. On average, analysts predict that Finisar will post $0.48 EPS next quarter. The company has a market cap of $1.938 billion and a price-to-earnings ratio of 209.50.