Gray,it's hard to believe the way this sector is being walked down.The only one that is positive today is AFOP,and they raised their guidance yesterday and the sector goes negative?The market could care less about FO right now.
While the analysts are positive about an optical upturn, it has not impacted optical sales yet.
It is interesting that Larry Ellison of Oracle is starting to buy telecom software companies with two acquisitions recently. Oracle understands that there is a wave of investment coming to upgrade the mobile telecom networks.
2014 should be a good year for optical stocks, but we will need to wait and see when the carrier plans actually hit the optical equipment companies.