if your broker adds 3 days for settlement then dec 26 was the last trading day. I am contacting my broker to confirm that they are NOT using the settlement date on my 1099.
Cisco's Transceiver Module Group has lost its second high profile employee this month. Adam Carter, the general manager of the optical unit, has left to become Chief Commercial Officer at optical components maker Oclaro.
Oclaro Inc. (Nasdaq: OCLR) noted Carter's hiring in an SEC filing. Carter had been with Cisco Systems Inc. (Nasdaq: CSCO) for more than seven years, during which he once lamented that there were too many components suppliers in the sector. Prior to that, he worked for Avago Technologies Pte. . (See Troubles Linger for Optical Components and Avago Adds Transceiver.)
Carter's departure marks Cisco's second recent loss of a key player from its transceiver unit. Earlier this month, Giacomo Losio, who had been lead optical designer in the transceiver group, was appointed head of technology at components manufacturer ProLabs.
Carter looks like a nice huire for Oclaro after a fairly lousy run. The company, which resulted from the merger of Avanex and Bookham in 2009, later pursued other acquisitions, but ended up with post-deal indigestion pains, and quarterly losses mounted. (See Bit Parts: Following the Optical Money, Oclaro Makes Changes at the Top and Bookham, Avanex Form Oclaro.)
Meanwhile, with the recent departures of Carter and Losio, the staff roster at Cisco's transceiver group might bear further observation: Are further departures imminent, or will Cisco make some significant hires of its own
7400 Ebola deaths globally send Wall Street scrambling for medical stocks. SIMH in the lead as traders send volume rising to 8.3 million shares.
may be tax selling look at today,s chart; blocks of 27.9k was sold over 75 tims total over 200k at a price of $1.86
i rthink it is one seller
SIMHdeploys Caregiver® TouchFree™ InfraRed Thermometers in response to Ebola outbreak. Wall Street upgrades the stock to a buy.
SIMH look set to repeat October triumph when it delivered more than 3900% gains over several days. Traders now bullish after company reports 85% gross profit increase year-over-year
Mad rush for SIMH shares sends volume to 8.3 million shares on average as the company declares a 33% year-over-year increase in revenue
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2015 should be a good year for the opticals in anticipation of the metro ramp beginning late in the year and continuing thru 2017.
a google search uncovered the article on the web. oclaro not mentioned specifically.
Making a profit in telecom is notoriously difficult. It has been a big drag for both Finisar and JDSU and Avago has completely avoided it for that reason. The OEMs skimming off the top (long haul 100G coherent) has made the challenge much worse. However if JDSU & Finisar merge, I think it will improve Oclaro's chances to be acquired. Mergers are needed but there is little gained for all the expense and trouble.
I don't know if someone will acquire OCLR but it is better for all players to consolidate. There has been rumors about FNSR picking up JDSU after they spilt the company but who knows? I am hoping for traction in OCLR sales of 100 GB which are higher margin products. If OCLR goes down in price, I will think about averaging down because I still think they are a viable company and the optics upgrade cycle should hopefully start soon.
Looking for towards to the next CC hopefully with some good news. We all deserve it!