Finisar automates optical networks

Discussion in 'Stocks' started by igriot, Dec 26, 2010.

  1. igriot



    Finisar, the world's largest supplier of optical components for the telecom industry, has seen its stock more than triple this year following surging demand for its programmable switching equipment. Finisar has the best performing stock this year of any Silicon Valley company with a market capitalization over $1 billion. <a href="">Read more</a>
  2. I got in quite late, around 24, they just recently announced a secondary (around 4.5% dilution)...the sector is quite hot, company starting to show good profitability..I would definitely prefer this stock over stocks like CRM, RVBD, etc..those are way overvalued, this stock capitalizes on the need to replace the old infrastructure laid out by at&t and others. Quite volatile of a stock however