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Oclaro, Inc. (Avanex-Bookham)
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who wrote (
6/12/2007 1:38:58 PM
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AVNX gives a good presentation May 30th and the stock goes up from $1.50 to $1.70.
Here we are less then 2 weeks later and the stock is back to $1.50.
I guess the presentation wasn't that good after all? Looks like it's heading back to last year's July/Aug lows unless it finds a bid here.
Looks like decent support in the current trading range to $1.48, if it fails there it's back to $1.20s or $1.30s?
Anyone see it differently?
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