As a stock owners we are taking it in the rear like a call girl with no lube!!!! Wish they'd just stop, kill me and throw me in a hole in the swamp for the gators to put me out of my misery!!!
It will only go down if you burn a little cash - and it seems OCLR management is more than happy to burn cash.
Sentiment: Strong Sell
It would make sense that there would be bids for the commercial laser business because of the high margins. It seems to me that the bulk of their losses is coming from telecom. This might be a short term solution but not a long term structural solution.
Oclaro is the second world player in optical telecom.......Oclaro have Bookham & Avanex technology.....
the only Big problem is Alain Couder and management staff.....when Couder is fired OCLARO go in a FLASH in 5 bagger sector
Sentiment: Strong Buy
I really like the technology these guys are rolling out. I understand the financial aspects but this one is a winner. Bought at $1 yesterday.
As the Pres said liquidating part of their business will make things easier. Plus more operating funds.
If I have said something to offend you I take it back. Now, it's clear we don't share the same investment philosophy. I lose sometimes but I don't get my panties in a wad over it...never could find where that helped me. I have bought and sold this thing so many times I can't keep count and when it went to $18 I sold early at $16 and change...never keep your hand in the cookie jar too long somebody will catch you. And last: I don't know if this co will make it or not what I do know is it traded ten times the avg 3m vol. Somebody sold 4 million shares and somebody bought 4 million whether they wanted to or not. ( There is way more to buying and selling than I care to discuss here now ). I know the buyer is in it for a profit and I'm betting with them. We will see if I'm right until then good luck with your investing.
Dude, i will move on. I do feel compelled to vent though and share my thoughts. I have been here for a long time. Most of the quality posters are gone, but I have a few last words to say, so don't listen if you don't want to.
I've been in this thing since AVNX. Over a decade of losses. Have lost a lot of money, but was hanging on to the hope that an inevitable sector rebound would lift this up. Missed my one opportunity to get out with a gain 3 years ago (when it was 18), but have hung on to some silly hope. Sold most my shares last year, but ended back in after they bought OPXT, and have been hanging on to a fantasy since then. I was going to hang on longer too, but I just can't see how this company is going to make it with such steep ongoing losses in an industry when margins are getting thinner and your customers are eating your lunch. Even Alain and his sidekick sounded like they'd had enough in the CC. In my opinion It's over. At least this puppy going under should be good for the other players.... I hope...