Any thoughts / comments on this: Avanex Unveils a 1310nm Fabry Perot Laser Chip for Next-Generation Diplexers and Triplexers Used in FTTH Deployments Thursday January 4, 4:05 pm ET FREMONT, Calif., Jan. 4 /PRNewswire-FirstCall/ -- Avanex Corporation (Nasdaq: AVNX - News), a pioneer of intelligent photonic solutions that enable next-generation optical networks, today unveiled the first 1310nm Fabry Perot (FP) laser chip designed to minimize the cost of diplexers and triplexers by enabling the use of fully automated and scalable passive alignment techniques. The diplexers and triplexers are used in optical networking terminals (ONTs) for fiber-to-the-home (FTTH) deployments that enable broadband network applications. Traditional laser chip technology requires either active alignment or the use of additional components to couple the optical power of the laser into the optical fiber, significantly increasing the cost of FTTH components. The PowerBeam(TM) 1931FL enables the use of automated production processes and Planar Lightwave Circuit (PLC) technology to manufacture diplexers and triplexers. The combination of the 1931FL with low-cost PLC technology offers a compelling value proposition for the rapidly growing FTTH market. PowerBeam 1931FL is the first laser chip integrating a spot size converter with special features for automated alignment. The integration of these functions into a single chip enables customers to implement low-cost passive assembly processes on manufacturing lines. "The PowerBeam 1931FL targets our advanced laser technology capabilities on extremely cost sensitive products such as those required in FTTH applications," said Giovanni Barbarossa, chief technology officer of Avanex. "Our solution brings significant advantages to our customers by enabling them to produce leading-edge low-cost products." The PowerBeam 1931FL is for use in un-cooled low power consumption applications up to 2.5Gb/s and meets Telcordia GR-468 standards. The laser chip is currently in full production and has already secured several design wins with customers utilizing PLC technology. For more information on the PowerBeam 1931FL 1310nm Fabry Perot (FP) laser chip, please contact sales@avanex.com. About Avanex Avanex Corporation is a leading global provider of Intelligent Photonic Solutions(TM) to meet the needs of fiber optic communications networks for greater capacity, longer distance transmissions, improved connectivity, higher speeds and lower costs. These solutions enable or enhance optical wavelength multiplexing, dispersion compensation, switching and routing, transmission, amplification, and include network-managed subsystems. Avanex is headquartered in Fremont, Calif. and maintains facilities in Horseheads, N.Y.; Shanghai, China; Nozay, France; San Donato, Italy; and Bangkok, Thailand. To learn more about Avanex, visit our website at www.avanex.com.
More news: http://partners.marketcenter.com/cboe/news/story.action?id=MTO026u9813&symbol=&count=10 People are tying what Bill Gates said on the Internet vs TV....... with AVNX: http://news.com.com/Gates+Internet+to+revolutionize+TV+in+5+years/2100-1041_3-6154009.html
Earnings on Tuesday..... CEO and CFO speaking on Wednesday......Volume is up for a Friday. Any comments appreciated: Avanex to Present at Thomas Weisel Partners Technology Conference Tuesday January 30, 4:05 pm ET FREMONT, Calif., Jan. 30 /PRNewswire-FirstCall/ -- Avanex Corporation (Nasdaq: AVNX - News) today announced that Jo Major, chairman, president and chief executive officer, and Marla Sanchez, senior vice president and chief financial officer, will present at the Thomas Weisel Partners Technology Conference on Wednesday, Feb. 7 at the Fairmont Hotel in San Francisco. A live webcast of the audio portion of this presentation will be available on the Investor Relations section of the company's web site at http://www.avanex.com .
So a Hedge Funds buys 5%...right before the CC. this may explain yesterday's little pop in the afternoon.
Jim Cramer probably created plenty of bag holders when he pushed AVNX at 2.75 in his opening spiel awhile back. Maybe the right time has come for this "one stop shopping fiber optic play".
I didn't know this was one of Cramer's pick..... I never liked that guy. Unfortunately, I bought some today. But then again....the Hedge Fund buying 5% IMO is telling.