AVNX may miss its 3th quater and cut 370 job! this bad news effect whole optical sector! Without this bad news whole optical sector will up as Semiconductor over 15-25%, as you saw AMCC, VTSS, QLGC.... But I believe this is just a short term effect, you will see soon optical sector up as they did usualy. I even believe GLW will close ~$24 today, and JDSU will be at ~$21! If it's true that now it is the end of bear, I like to say that you will see GLW and JDSU ~$60-80 soon!