FNSR earnings were right in line with estimates and no sign of a slow down. It also has a P/E of about 200% of AFOP with half the growth rate, but that's another story.
Check this out. Notice how normal analysts when given guidance just guide to the middle number....as opposed to our resident analyst who, when give guidance, picks the high number (AFOP guided to 21-23M last quarter....Kang picked 23M....AFOP did 22M and the big news was it missed on revenues):
"For the fourth quarter, Finisar says it expects to earn between 38 cents and 42 cents a share on revenue between $290 million and $305 million. Analysts are modeling for earnings per share of 40 cents on revenue of $297 million.
If you look at the 14 analysts following FNSR not one has declining revenue estimates for 2015.
I guess we're just special to have the only analysts on the planet that thinks the optic sector is going to
decline going forward.