FNSR invnntory overraction by the market is likely to be short-lived and corrected quickly.
Outtake from article:
Finisar Over-Reaction In one of the more dramatic one-day meltdowns we've seen this year, Finisar Corp. (Nasdaq:FNSR) plunged 38% on news that the current quarter's earnings would be about 30% shy of estimates because of slowing demand in China. Fair enough. As Credit Suisse's William Stein points out though, the soft patch is likely to be short-lived - bandwidth is still in short order, and should still drive customers to the company's optical connectivity hardware.