FNSR

FNSR

Finisar: A Telecom Play That's Worth a Look

Michael Cintolo submits:As always, during this difficult market period I am working hard at building my Watch List and keeping it up to date. That last part—keeping it up to date—is difficult right now because earnings season is again upon us. And that means a daily dose of big gaps up and down among growth stocks, depending on how investors react to and interpret the news. Thus, if you are going to be doing a little nibbling on stocks here and there (and I don’t think there’s much wrong with that, assuming you have plenty of cash on the sideline), you have two choices. First, you wait for a company to report earnings, and then look to buy afterward if the chart and story are still intact following the report.Complete Story »

JDSU, Finisar at Forefront of Optical Rebirth

Silicon Valley's JDSU (JDSU) and Finisar (FNSR) are supplying the urgent need for optical equipment in the wireless backhaul and next generation LTE network. The backhaul upgrade will relieve network congestion and help eliminate dropped calls, while LTE will add speed to aid video and other bandwidth intensive downloads.Verizon Wireless (VZ) recently completed preliminary trials of its new 4G network. The LTE network is being built using the 700MHz spectrum Verizon (VZ) bought in the huge 2008 FCC auction. The initial trials took place in Seattle and Boston. Verizon plans to roll out 4G in over 25 markets by the end of the year.Complete Story »

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