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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (1412)	6/13/2014 9:53:17 AM
From: Kirk ©	Respond to of 26539

Yes There was a rumor in early April (see below) about CSCO wanting to buy FNSR for something like $27-28. I wrote an article saying I thought the price for the rumored takeover was too low so even if it was in talks, it would not be high enough to get me to sell. Feb 6 Cisco Should Pay Much More Than $28 To Buyout Finisar is Cisco their largest customer or could it be some of the data centers like FB or GOOGL? Given Rawls' age, I wonder if he might seriously entertain handing over the reins to his largest customer and retiring. I do have concerns that this might cause problems with other FNSR customers who are CSCO competitors. Avago, spun from Agilent, has a fairly high stock price and that is were I worked on fiber for the current Finisar R&D manager when it was HP and we had a leadership position in data com components... maybe their high stock price and location in Singapore for lower tax rates would make them a better acquiring company.... finance.yahoo.com/q/pr?s=AVGO+Profile Avago Technologies Limited 1 Yishun Avenue 7 Singapore, 768923 Singapore - Map Phone: 65 6755 7888 Website: avagotech.com Key Statistics Get Key Statistics for: Avago Technologies Limited (AVGO) Data provided by Capital IQ, except where noted. Valuation Measures Market Cap (intraday)5: 18.06B Enterprise Value (Jun 13, 2014)3: 16.70B Trailing P/E (ttm, intraday): 30.26 Forward P/E (fye Nov 3, 2015)1: 13.71 PEG Ratio (5 yr expected)1: 0.67 Price/Sales (ttm): 6.45 Price/Book (mrq): 5.71 Enterprise Value/Revenue (ttm)3: 5.98 Enterprise Value/EBITDA (ttm)6: 18.56 finance.yahoo.com/q/ks?s=FNSR+Key+Statistics Valuation Measures Market Cap (intraday)5: 1.87B Enterprise Value (Jun 13, 2014)3: 2.09B Trailing P/E (ttm, intraday): 22.13 Forward P/E (fye Apr 28, 2015)1: 10.89 PEG Ratio (5 yr expected)1: 0.63 Price/Sales (ttm): 2.23 Price/Book (mrq): 2.52 Enterprise Value/Revenue (ttm)3: 1.91 Enterprise Value/EBITDA (ttm)6: 12.96 Balance Sheet Total Cash (mrq): 554.75M Total Cash Per Share (mrq): 5.73 Total Debt (mrq): 254.27M Total Debt/Equity (mrq): 26.03 Current Ratio (mrq): 4.55 Book Value Per Share (mrq): 10.04

To: w0z who wrote (1412)	6/13/2014 9:54:30 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26539

Finisar price target cut to $27 from $33 at RBC Capital finance.yahoo.com/news/finisar-price-target-cut-27-110413627.html RBC Capital reduced its price target on Finisar after the company reported lower than expected EPS. The firm attributes the company's EPS miss to lower margin deals it made, but it thinks the company is seeing good top-line trends in datacom, while telecom revenue declines are moderating. The firm keeps an Outperform rating on the shares.

To: w0z who wrote (1412)	6/17/2014 10:14:19 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26539

Finisar (FNSR) is Oversold: Can It Recover? - Tale of the Tape By Zacks.com, June 16, 2014, 10:58:13 AM EDT Finisar Corporation ( FNSR ) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at FNSR given that, according to its RSI reading of 25.60, it is now in oversold territory. What is RSI? RSI stands for 'Relative Strength Index' and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present. Other Factors Yet, FNSR's low RSI value isn't the only reason to have some optimism over a coming turnaround, as there has been plenty of positive earnings estimate revision activity as of late. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Finisar's earnings consensus. Over the past two months, investors have seen 1 earnings estimate revision move higher, compared with just none lower, at least when looking at the key current year time frame. And the consensus estimate for FNSR has also been on an upward trend over the past 60 days, as estimates have risen from $1.39/share two months ago to just $1.40/share right now. If this wasn't enough, Finisar also has a Zacks Rank #2 (Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long. Read more: www.nasdaq.com/article/finisar-fnsr-is-oversold-can-it-recover-tale-of-the-tape-cm362006