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Alliance Fiber Optic Products Inc. Message Board

  • rrtzrealmd rrtzrealmd Jan 30, 2013 9:01 PM Flag

    Decent earnings report...

    ...I was impressed that revenues and earnings matched what management predicted back in their October earnings press release -- makes me feel confident they know their business...cash and investments stand at about 5$ a share -- plenty available for another "special dividend" and/or an increase in dividend...the company continues to buy back shares -- always a positive...I'd say there is enough stuff here to make it worth consideration for a long term investor...I'll watch the reaction tomorrow before committing to buying but it looks very interesting...

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    • ...for some reason market didn't receive the earnings report well...nevertheless, after bottoming at $11, it has rallied back pretty strong...part of that no doubt was due to the company raising guidance...overbought and vulnerable to correction technically, fundamentally still looks good...for long term, it looks a reasonable buy at the current price, a strong buy if it falls back to the 12-13 dollar range...

      Sentiment: Buy

 
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