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

To: Kirk © who wrote (389)	12/13/2010 10:59:59 AM
From: w0z	Respond to of 509

> 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. I have to chuckle every time I see a "call" like this! I was lucky to buy a bunch of $16 calls on October 28 for $0.90 when FNSR was hit by the OCLR downdraft (common actually dropped below $15). This morning those calls are worth >$9 each. I plan to convert on Friday and hold the stock for a few years. Seems like FNSR has a lot going for them with the underlying trends of smartphone bandwidth, video streaming, cloud computing, etc. coupled with their leadership in WSS, etc.