3SOF

b @ 1.17

AVNX - Avanex Corporation engages in the design, manufacture, and marketing of fiber optic-based products, known as photonic processors.

some news is out...volume will be crazy today.

Edit of the thread name, "AVNX - goin up"
These types of message with The Ticker Symbol become out of date.
Thank You
setravis

Hi,

What's the price will it hit before it cools down ???

rgds

thks

if it does continue its move up, this is what i see:

Hi,

I enter a position @ 1.19

Closing above 9ema does it mean the closing price need to above 1.07 so that ths stock will start to trend up ?

(sorry i am new to share charting)


rgds

thks

Hi law,

What I meant is that as it goes higher(the 9ema will go higher too) I would like it to always close above the 9ema.  This shows me that a strong trend is in place.  Hope this helps ;D

I believe we have good entries(i'm in @ 1.17)

Lets see what shakes  8)

Thank you  ;)

Hi,

Check the Yahoo web site on finance Finisar Corp (FNSR).

Finisar Corporation provides fiber optic subsystems and components, and network test and monitoring systems, which enable high-speed data communications over local area networks, storage area networks (SAN), and metropolitan area networks.

http://finance.yahoo.com/q?s=FNSR 

Whats your comment on this stock against AVNX

similar patterns but AVNX had enormous volume today...technically there is no question that AVNX is the stock to be in, in my opinion

hey law, i'm putting a stop on this one @ 1.15...and I'll move it higher if we get a run.  Not happy with this one so far. 

Hi,

The price is hovering between 1.19 and 1.20...

I feel it will break the 1.20

after a gap up over trend line lat week AVNX has pulled back on lower volume and filled gap - look for a bounce today or tomorrow -

first chart shorter term   http://tinyurl.com/9yplc

then longer term   http://tinyurl.com/ajrmm

Around $1 looks like a low risk entry, decending vol on the pullback, base is set at or just under $1. Nice upside potential 200ema at $2. Looks like a great pulback opportunity.

Nice setup.  ;D

Strong potential!

Metro-
Nice find here. Low-risk > high reward play. I'm in with you guys at 1.03
Thanks.
Irish

I am in @1.02.  Lets let it roll!!!


Consolidation. $1.01-1.03. Shares: 1,509,387. Time: 59 minutes 10 seconds.

Those who also bought in today.  What's your sentiment about the stock after todays play? I didn't follow this stock to long before I bought in.

Thanks
SS

I agree that entry at current point may be less risky, but i donot see any exciting chart pattern here. You guys should note the big volume sell off in the last three days along with decreasing RSI. Thats too much of a pull back. Anyway good luck if you already own it.

And by big volume sell off i mean, more than above average volume.

looks like a trap to me,  pulling buyers in.  I'll have to ride the wave see where this ships headed.

Insider selling of 800,000 [email protected], today.   Interesting.

Stock up 1.03 in AH.  hum.

Feel like it is going to go high next week.

I hope.  It's in the dog pile right now.  But it can't get any lower. 

Have not found any news. Have followed it the long road down, maybe time for a turnaround.
Sorry no Chart, still have not figured out.

Quote from: usedcasting on September 12, 2005, 08:50:08 AM
Sorry no Chart, still have not figured out.

I took me awhile to figure it out, too.   EliteG, Cumulina, Ramsburg and others helped me out.  Here's what I do:

1. When you have a chart up on your screen, you can capture it  by pressing the Print Screen key on your keyoard.    On my keyboard, it's on the top row, to the right of F12.

2. When you press the Print Screen key on your keyboard it saves the image to the clipboard.  You then...

A. Click your Start Button
B. Click All Programs
C. Click Accessories
D. Click Paint

3. When the Paint Sceen opens, Click Edit, then Click Paste on the Drop Down Menu.  Your chart should appear on the blank page.

4.  Click File.

A. On the drop down, click Save As. 

B. When that opens, on the first line, put whatever name you want for your chart.  I use the stock symbol, and the date.  Example: CRYP 9-12-05.  Don't use slashes. "/" For some reason, it won't accept it.

C. On the second line, click on the drop down menu, and select either .png or .jpg

D. After that, be sure to click the Save button

Now your chart is saved on your computer.  To post your chart...

from EliteG...

"**to post image** - When you are writing a post in 3stocks there is a button underneath the text editor called Additional Options...you hit that and then hit browse to locate the chart saved on your computer.  If you want to attach more, hit the more attachments button."

Good luck!

It looks to me that we got good buying opportunity with AVNX ..its not yet confirmed but its better to buy at low & sell it high..more profit ;) well, we will see.. just keep an eye on it ;)

....and watch the volume we got high volume in the past few days ..The professionals hitting on it ;)

How many more shares do Corning have to sell. When will it end!

Thanks Terlisa for the reminder!(Applaud)

uc.

AVNX rocketed to 15% today with over 12million volume

is there more upside with AVNX... thoughts? closed above a dollar now..

Modifying the support from my previous chart ... AVNX could hit below 2 bucks.. maybe huh?

Broke through 200-dma with good up volume.
When it crossed, it decisevely crossed both the 13, 50 and the 200-dma.
I will be watching for the pull back and how it reacts.

Support @ $1.34...1.07...0.99
Resistance @ $1.60...1.70...1.80

Volume: 8,456,651
Avg Volume (3m): 2,744,340

Technicals
MACD is Bullish
Stochastic is Bullish
Most Actives
Percentage Gainer

Last Price Quote is:
21.09%above 13-day EMA
47.54%above 50-day EMA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $196.38 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 02/06/2006
Last Analyst Rating: Hold

AVNX over support levels! :)

This stock went down the past few days, but on lower volume.  Is this still bullish?  I still have my position.

Thanks
Leaira

AVNX is coming down after hitting the upper trendline a few days ago.  It's still in a bullish channel.  MACD is still bullish.   :)
As long as it stays above the lower trendline tomorrow at 1.23, it remains bullish; however, the overall market is bearish. :P

I think AVNX may have established a support at $1.00 on Friday, January 6. The company lowered revenue expectations from $37 Million to $35 Million and the stock dropped about 17% in one day. I think this is a good entry point to pickup a bounce, but I would like to know what others think. The 3-month chart is below. There's no real support until maybe $0.85 but I don't think the stock will fall that far because the it did not lower revenue guidance enough to justify that kind of drop.

Quote from: setravis on December 26, 2005, 05:26:54 PM

I will be watching for the pull back and how it reacts.

Wow...I said I would watch for a pull back !
Looks like we got a downward revision.
May have picked up support at the 200-dma.

Volume: 18,824,482
Avg Vol (3m): 3,085,630

Technicals
Most Actives
Percentage Loser

Last Price Quote is:
-17.91%below 13-day EMA
RS Rating: 88 

Fundamentals
Reports Earnings

Key Data:
Market Cap (M): $144.01 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 02/06/2006
Last Analyst Rating: Hold

bounced back from 38.2% fibonacci suport @ 0.95$  ;D

setravis, your opinion is appreciated
thanks Oliver

Avanex says Q2 revenue will be lower than expected
Friday January 6, 12:08 pm ET
Avanex Corp., which sells fiber optic technology, said Friday it expects revenue for the second quarter ended Dec. 31 to be lower than its previous guidance.
The Fremont company (NASDAQ: AVNX - News) said preliminary financial data lead it to expect revenue of between $35 million and $37 million for the quarter. Previously, the company gave guidance of between $41 million and $45 million.
Avanex shut a factory in Erwin Park, N.Y., in December, and shifted manufacturing from that plant to a contractor. This change contributed to the shortfall in revenue.
Avanex cut its cash usage to about $8 million in the second quarter, compared with $40 million in its first quarter.
Published January 6, 2006 by San Francisco Business Times

AVNX presentation from 7th of December:
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=avnx&script=1200

insider buying:
http://www.secform4.com/insider/showhistory.php?cik=avnx

reason for drop:
Avanex Announces Preliminary Financial Results for Second Fiscal Quarter 2006

FREMONT, Calif., Jan. 6 /PRNewswire-FirstCall/ -- Avanex Corporation (Nasdaq: AVNX), a pioneer of intelligent photonic solutions that enable next-generation optical networks, today announced preliminary financial results for its second fiscal quarter ended Dec. 31, 2005.

Based on preliminary financial data, the company expects net revenue in the second fiscal quarter to be in the range of $35 Million to $37 Million, compared to previous revenue guidance of $41 Million to $45 Million. Avanex expects positive gross margins but below its previous guidance of greater than 10 percent.

Cash usage decreased to approximately $8 Million in the second fiscal quarter compared to $20 Million in the first fiscal quarter. Avanex expects its cash and cash equivalents, short-term investments, restricted cash and investments to be approximately $46 Million as of Dec. 31, 2005 compared to $54 Million at Sept. 30, 2005.

The shortfall in revenue and gross margin was due to operational execution issues that arose primarily as a result of the closure of the Erwin Park, New York manufacturing facility in early December and the transfer of manufacturing to a contract manufacturer. Jo Major, Avanex CEO, commented, "While we are pleased with our cash control and overall customer demand, we are obviously disappointed that transitional operational issues prevented us from meeting the delivery needs of our customers and our revenue objectives for the quarter. The Avanex team is working closely with our contract manufacturer for these products to resolve these issues."

Avanex is in the process of transferring substantially all of its manufacturing to contract manufacturers.

The results announced today are preliminary and are subject to change. Avanex will report its full results for the second fiscal quarter on Wednesday, Feb. 8, 2006, at 4:30 p.m. Eastern time. The number for the conference call is +1-210-835-2510, and the password is "Avanex." To listen via the Internet, please log on to www.avanex.com. A replay of the conference call will be available until Feb. 16, 2006 at +1-203-369-0356 or online at www.avanex.com under "Investors/Audio Archives."


regards
O.

have been following both FNSR and AVNX very closely.

went long with AVNX, though FNSR seemingly in nice uptrend.


_____________FNSR_________AVNX___________________________
MCap               785M                167M
P/Sales             2.48                 1.01
Rev.                316M                166M
Cash                96M                  46M
Debt               237M                 33M
Shares            296M                  145M

4.5 times difference in market cap is NOT justified.
FNSR former CEO Levinson left, selling massively.AVNX has big insider BUY instead.
Historically AVNX has been trading at higher price level.

Personally one more reason - I just do not get all of these acquisitions by FNSR and also
their cash position is sth mystical.Where is cash going to from this co??

AVNX at least 50% undervalued compared to FNSR.jmo.

It is all on tomorrow CC.

Looks like Avanex's loss has narrowed quite a bit this last quarter, down to .09 per share (.06 per share GAAP) on revs of $36.1M, so maybe their restructuring is on track here.  They are guiding revs of $36-40M for next quarter, but it is not clear how this will convert to EPS, although on the CC they are stressing reducing their cost basis and restructuring.

http://biz.yahoo.com/prnews/060208/sfw104.html?.v=30

This level and next quarters levels of revs are still below the last couple of quarters, but it remains to be seen what WS makes of this tomorrow.  Price was unbelievably static today ???

volume picking up. things seem to have settled for AVNX.

this stock may really fly sometimes  >:D

Yep, I think we have an ascending triangle breakout on our hands  ;D
Low = .95, high = 1.20 -> Breakout target of 1.45.

I got in this morning at 1.15, have been scoping AVNX for a while now after trading it well when it was  a 3SOF pick.  Shoulda got in around 1.06, but shoulda woulda coulda - in now.  I think the earnings report will be taken well, and as evidence that AVNX is clearly in turnaround and restrucutring of their cost basis is producing results.  Not quite sure what a fair value is yet, will have to investigate some more, but I hope for a run into the 1.40s at least for now.  Will see.  Nice breakout though, and boy am I glad it was static this morning allowing me a decent entry ;D

After breaking out of that ascending triangle on solid volume for 2 days, AVNX had 2 days of pullback on lower volume, hitting 1.20 support yesterday and closing on a doji.  The fact that key support at 1.20 didn't break is crucial, and I think the candlestick pattern suggests the small pullback is through.  I am looking for a nice little candle today, followed by a move into 1.30+ either the end of this week or beginning of next week.  What I don't want to see is a move below 1.20 support, invalidating the breakout, and will sell on a close below this level.

Nice breakout here ;)

Scottish, are you holding it ?

best regards !

you better believe it  ;D ;D ;D

Actually sold out a couple of days ago when I thought 1.40 resistance would push it back down again, but after yesterday's clear break through 1.40 I got right back in.  Looking real good so far...  What ever happened to AVNX for 3SOF????

Hey Scottish, I thought I would find a post from you here today. Nice move, up 15% now. As stated previously I'm parking here for the long haul. Good to see you caught it yesterday. Next resistance around $1.65.



uc.

Yea, was a bit annoyed with myself as I called it wrong on my sell, but at least I corrected that mistake and only lost a few pennys (and a few shares).  The last few days has almost been too much for me - yesterday was really ugly -  and left me over 10% down for the month, despite some very solid gains.  So have sold a lot that concerned me.  But AVNX shouldn't have been one of them.  Am reading Remenicences of a stock operator right now, and it is such good advie - if you're getting worried, sell your losers, let your winners run!

No doubt AVNX will be a winner - I am sure we will see a move towards 2.00 over the next month.

AVNX will probably form a cup & handle.

AVNX & BCON started the day at $1.42 and they are still side by side. wow!. I've had to suffer with both but today a little redemption. I will get that book, I've been meaning to, just not alot of time these days. I've been hanging on to SIRI and it's killing, but I just can't let go.

uc,

I know!!!

Looks like BCON is winning right now though

I put in a new order on BCON at $1.70 and it just blow right past it. Didn't press that order button quick enough. Now at $1.84  :o Maybe it will come back and get it.

uc.

AVNX @2.00



Press Release   Source: Avanex Corporation

Avanex to Release Dual Parallel DQPSK and SSB Modulators for 10 Gb/s and 40 Gb/s at Optical Fiber Communications Conference (OFC) 2006
Friday March 3, 8:30 am ET

FREMONT, Calif., March 3 /PRNewswire-FirstCall/ -- Avanex Corporation (Nasdaq: AVNX - News), a pioneer of intelligent photonic solutions that enable next- generation optical networks, today announced the introduction of its SD10-DP and SD40-DP Lithium Niobate modulators for the Differential Quadrature Phase Shift Keying (DQPSK) modulation format, which enables higher transmission efficiency at 10 Gb/s and 40 Gb/s. The DQPSK modulators will be displayed at OFC 2006, booth 2640 March 7 - 9, in Anaheim, Calif.

ADVERTISEMENT
The DQPSK modulation allows higher spectral efficiency in DWDM transmission. The small optical bandwidth of the DQPSK modulation format dramatically reduces the need for dispersion compensation in the network. Ten Gb/s transmission is improved due to the increased dispersion tolerance of the DQPSK format, which makes the DQPSK an ideal format for ultra-long-haul and submarine transmission. Moreover, 10 Gb/s signals can potentially be transmitted on 25 GHz (or less) channel spacing grid.

In addition, the DQPSK modulation format enables the transmission of 40 Gb/s signals over existing 10 Gb/s network infrastructure with either 50 GHz or 100 GHz channel spacing. Also, the tolerance against polarization mode dispersion (PMD) is significantly improved with respect to other modulation formats, reducing the technical hurdles for deployment of 40 Gb/s transmission in existing 10 Gb/s networks.

"Avanex has implemented a fully integrated dual parallel modulator solution that enables more robust modulator operation with respect to other configurations," said Giovanni Barbarossa, CTO of Avanex. "The DQPSK uses parallel Mach-Zehnder-type modulators embedded in a super Mach-Zehnder interferometer. The Avanex design distinguishes itself by its outstanding electro-optic characteristics, low drive voltages and single side RF inputs. These features significantly simplify the design and lower the cost of transponder solutions."

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 was incorporated in 1997 and is headquartered in Fremont, Calif. Avanex also maintains facilities in Elmira, N.Y.; Shanghai, China; Nozay, France; San Donato, Italy; and Bangkok, Thailand. To learn more about Avanex, visit our website at: www.avanex.com.


Source: Avanex Corporation

ok I have no idea what that PR means but there is no doubt about it, AVNX is ROCKIN  >:D >:D >:D

That is 4 PRs abut new product releases in as many days in the run up to this big Optical Fiber Communication Conference - there is no doubt that they are turning things around and lets hope they get some good press off this conference as well.

ll I can say is MY GOD semi-conductor stocks are hot right now!!!  JDSU, FNSR, CNXT, AVNX all rocking these last few days - I'm sure there are more.

What I like especially is look who's winning now ;D ;D

Beacon interests me because its a growth stock, Avanex because its a turnaroud and now I am back looking at CRAY, another turnaround. It was an exciting week. I hope next week can be similar.

Have a good weekend.

uc.

Quote from: setravis on January 08, 2006, 04:00:42 PM

Quote from: setravis on December 26, 2005, 05:26:54 PM

I will be watching for the pull back and how it reacts.

Wow...I said I would watch for a pull back !
Looks like we got a downward revision.
May have picked up support at the 200-dma.

Needed to break $2 for the next leg up. Which it did.
But watch now guys it may get a pull back, then vamp on up.JMHO.

Volume: 19,193,708
Avg Volume (3m): 4,991,740

Support @ $1.73...1.49...1.14


Technicals
Most Actives
Percentage Gainer
MACD is Bullish......
Stochastic is Bearish....

Last Price Quote is:
40.08%above 13-day EMA
69.31%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $312.25 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 04/24/2006
Last Analyst Rating: Hold

Up 11% this morning!

Quote from Setravis
Needed to break $2 for the next leg up. Which it did.
But watch now guys it may get a pull back, then vamp on up.JMHO.

Thanks for the heads up Set. (appl)

uc.

That's my double (hee hee) ;D ;D ;D

Well not quite in reality as I sold out and re-bought slightly higher, but a double from my original purchase price of $1.15 a few weeks ago.  Man I wish last months stock picking contest ended this week instead of last week.  Oh well, such is life.  AVNX looking good for this week, I really don't know when it is going to top out, but looks very strong once again.  A LOT of money moving into this stock, and probably more good news this week.

Man I really wish I owned more of this....  (but VERY happy with what I got ;D)

AVNX sure is goin up :o :o :o

Check out that ascending triangle breakout on the 1 min chart - crazy ;D ;D

Yes!!

Up 26% on high volume.

http://www.investors.com/breakingnews.asp?journalid=35074857

Lalitha

Wow what a white knuckle ride on AVNX today :o

Was up huge in the morning, peaking at 2.66, then battled with support/resistance at 2.57-2.58 for a while before breaking down along with most of the rest of the semis I was watching at the time.  Things got pretty ugly for a bit, but she finished strong, up over 18% for the day.  I was in and out, but ultimately didn't rally make anything, just increased my position a bit.

AVNX continues to look strong, with volume increasing today once again, but also a bit dicey - it's gonna have to consolidate these gains at some point, and I think a lot of people will starrt getting itchy with their sells soon.  Will see what tomorrow brings... hopefully a little bit more ;D

AVNX doing well too in after hours ;)

News Hmmm!

Avanex Announces $48 Million Common Stock Offering
Tuesday March 7, 8:30 am ET

FREMONT, Calif., March 7 /PRNewswire-FirstCall/ -- Avanex Corporation (Nasdaq: AVNX - News) announced today that it has agreed to sell publicly 24,075,000 shares of its common stock at $2.00 per share to certain investors, for aggregate proceeds of approximately $48.15 million, before placement agent fees and other offering expenses. The purchase price represents a 6.4% premium to the average closing price of the stock over the five trading days ended on March 6, 2006 of $1.88. The sale is expected to be completed on March 9, 2006 and is subject to customary closing conditions. The net proceeds of the financing will be used for general corporate purposes and working capital requirements. In connection with the issuance of the shares, the investors will be issued warrants which will be exercisable for 7,222,500 shares of the Company's common stock. The warrants expire four years from the initial closing and are exercisable at $2.73 per share.

ADVERTISEMENT
"The completion of this offering will significantly strengthen Avanex's balance sheet and enhance our flexibility to pursue our business plan and take advantage of future growth opportunities," said Jo Major, President and CEO.

Banc of America Securities LLC acted as exclusive placement agent in connection with the offering. The shares in this offering are being issued under a shelf registration statement previously filed with the Securities and Exchange Commission and declared effective on July 28, 2004 relating to up to $100 million of the Company's securities. A prospectus supplement related to the public offering will be filed with the Securities and Exchange Commission. Copies of the prospectus supplement relating to the offering may be obtained from Avanex Corporation, 40919 Encyclopedia Circle, Fremont, CA 94538, Attention: Investor Relations.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Question : Does this mean $2.00 will probably form a support level and we could expect it to remain around there for a while. My impression from other stock issues is this would be the case. But, I also know I don't have a great deal of experience with this situation.

Thanks in advance!

uc.

Setravis, I'm starting to feel I should have taken your advice yesterday.
Down 8%. (But I will hold)

I doubt it. 16% dilution and the price had dropped 18% since close.  Also, having cash is good for the company. Once people accept it the rally will hopefully continue. My only recent experience with this was buying NVAX in AH after the 100 million shelf registration was announced. It dropped something like 20%. I bought and it opened back up 20%.

Well all I can say is lets hope 2.00 holds - we closed mighty close today, but it held and it does make sense (though I remeber HOM after it made its stock offering, got beaten down below the offer price for quite a while - but then again is doing much better now).

Makes a bit of a mess of that lovely chart though - shame to put such a big red candle on there - what concerns me is that volume was higher today than even the last few days - in fact today was the highest volume day in the last 3 years!!  (can't see further back than that).  But my monitor shows 12million buys and 10 million sells (with a bunch unkown), which at least suggests there was a lot of buying into the drop at these levels. 

I just wish I had held off the itchy trigger finger yesterday when I bought back in after sleling for over 60% profit - saw a bunch of that wiped off today - ugh :P  Gotta learn when the right time to buy back is after a big runup - and its rarely the same day!!!

Looks promising today. Good volume and up 7%

uc.

Quote from: usedcasting on March 07, 2006, 09:31:06 AM
Question : Does this mean $2.00 will probably form a support level and we could expect it to remain around there for a while. My impression from other stock issues is this would be the case. But, I also know I don't have a great deal of experience with this situation.

Thanks in advance!

uc.

Setravis, I'm starting to feel I should have taken your advice yesterday.
Down 8%. (But I will hold)

Yes I think $2.00 has formed the support, But I don't think it is going to hang there very long.
I think ready for the next leg up. JMHO of course.
I'm in and I will hold also. ;)
Volume: 20,769,560........ ;D
Avg Volume (3m): 5,629,050

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
28.62%above 13-day EMA
65.41%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $312.25 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 04/24/2006
Last Analyst Rating: Hold

Hey, Setravis, what price did you get in @ ?

Yep, good to see the volume holding up as well - all the FO stocks are continuing to act well and just about mirror each other - wish I had bought some JDSU yesterday morning.

AFOP also has a similar chart to AVNX, and showed good strength yesterday after the sell-off on Tuesday - I'll post the chart below for comparison:

Nice pre-market, up 12%. Can't find any news yet.

uc.

PS. I need something to pick me up after yesterday's diet.  ::)

Raymond James posted UPGRADE to Strong Buy from mkt perform...........Cites improved operational performance and more favorable industry trends .

Quote from: REALDEALS21 on March 08, 2006, 11:45:06 PM
Hey, Setravis, what price did you get in @ ?

Sorry I haven't got around to answering your question.
I haven't been able to be with you all very much during the day here @3SOF.
Just able to post a little here and there, I have been very busy with other things going on.
But I did manage to get in this @ $1.20

Nice entry setravis, I assume you have held since then.  I got shook out a couple of times from 1.15(much to my chagrin :-[) but am still long with a very nice gain.  Have been a little concerned about these gaps and then intraday weakness that have been showing up the last couple of days.  Looks to have headed up AH on friday above 2.40 (friday's resistance) so we could seee another gap on Monday.  While it is going up on this movement, I feel like it needs a nice white marubozu to confirm continued strength.  Volume is still good though.  I think we could se further resistance around 2.60.

Any thoughts about a target on AVNX?

$3.33 (1/2 >:D)

LET'S GO

UC.

Nice post ScottishTrader.....Applaud to your trading and post.
I was looking at a target of $3.00/3.50
Here is a 3 year chart, may give you some idea of some targets to place in mind.

Volume: 21,319,681
Avg Volume (3m): 6,273,920

AVANEX CORP (NasdaqNM:AVNX) Delayed quote data  
After Hours (RT-ECN): 2.46  0.07 (2.93%)  

Technicals
MACD is Bullish
Stochastic is bearish
Most Actives

Last Price Quote is:
24.77%above 13-day EMA
67.48%above 50-day EMA
RS Rating: 99  

Fundamentals
Key Data:
Market Cap (M): $312.25  
P/E Ratio: NA  
PEG Ratio: N/A  
Next Earnings: 04/24/2006
Last Analyst Rating: Hold

Hi
For anyone who is still in AVNX Jim Cramer is pumping this on his show - it's now at 2.68

Lalitha

God damn Carmer!!!!

I sold today cos I was sure it wasn't coing to break 2.40 resistance today and had a feeling it would trade in range some more, and then he goes n pumps it right through the roof!!!

Man, I'm just gonna have to see what's cooking in the morning then grr....

but if he makes it pop like FNSR....

This one gapped up and stalled with 52 million shares trding hands. Not sure what to make of it............The fact that profit taking didn't bring it down at close bodes well..............IMHO


Lets see if price follows volume........hopefully up.

I'm not sure why stockcharts shows an open of 2.45, because it definitely opened around 2.69 as I was watching it fervently, but I agree - amazing to see such an enromous amont of shares traded and almost no movement whatsoever.  But there was certainly a lot of buying.

AVNX has moved up to 2.74 AH, lets see if today will give it further push to the upside.

This one is sure trading interseting, almost like a price target of lets say $4 has been made by big money and there loading up for the grand fanalie.............No sure (still ) what to think. Although I'm in at $2.69 ..... ;D

Too much volume not to see another $.50+ cent move from here $2.94.....IMHO   But what do I know.

Another surge after hours...the Cramer double pump has really caused a stir which this stock 8)

The power of the markets.............. :o
Depending on the gap tomorow and if it stalls, I might jump out. I also think 109 million shares last 2 days are looking to see $4, We'll have to wait and see.

Super volume the last coupe of days..... ;D
The hype is huge. :o

Volume: 58,015,091
Avg Vol (3m): 7,904,530

Technicals
Record Volume
Most Actives
Percentage Gainer

Last Price Quote is:
55.80%above 13-day EMA
113.98%above 50-day EMA
RS Rating: 99  

Fundamentals
Key Data:
Market Cap (M): $355.37  
P/E Ratio: NA  
PEG Ratio: N/A  
Next Earnings: 04/24/2006
Last Analyst Rating: Hold

And gapped up AH - currently at 3.47 :o :o :o

I agree and will probably look for an exit today or tomorrow.  Plus I'm off onholiday next week, so this is not the kind of gain I want to sit blindly on.

Just Crazy though - 200%+ in under 2 months - awesome!!!

3.58.....and not finishe....
--> STOCK in a HURRY !!

FYI.............I jumped out at $3.32...........Looking for it to settle down a bit, but I still think the march will continue.

Hmm.... I bought more, but then it got KILEED in the afternoon (along with all the other FO plays)  Seems like there was a major sell-off yesterday afternoon ??? ???

Not really too sure what to expect today - we could see further selling based on that big red candle, but it may also stabilise around 3.00 - this appeared to provide some support yesterday afternoon.

Man, this stock is hot on the weekly chart. Look at that +DI(13) it's pointing up in the sky & also the MACD fast line there is no sign of selling off yet, this thing is hot!!!

I'll bet my money on it, AVNX will break that $3.72 resistance on the upside in a matter of time, one thing that worries me is the EMA200, that resistance EMA200 stands tomorrow @ $4.59 ;)

AVNX gapping up in the PM today after closing above 3.10 resistance yesterday- heads up!!! 

Could be ready for the next leg up ;D

Looking for support at 13ema & 200ma. Consolidating for next leg up hopefully.
Holding long.

uc.

I think it's time make a quick profit before earnings... AVNX back in play ;)

Avanex Corporation Earnings Call scheduled for Mon, May 8

Keep an eye on AVNX in the coming days - recently found support at the ascending trandline from before the breakout and looks to be basing here with overhead resistance at 2.03-2.05.  13ema has been holding it down during the retracement of the last couple of months and now sits at 2.05.  Currently still within the descending channel, but support and resistance look to be converging.

If the market enacts a little recovery, AVNX may break out of this channel (hopefully to the upside?)  Look for 2.05+ upside move.  Support comes in around 1.83 right now, which should provide a reasonable stop loss or good buying op.  Current risk at 1.98 would be 8% - maybe a little high for now.

Interesting timing here on AVNX. They have taken a swan dive from their last earnings report on virtually no news. ADX has just crossed to positive, first time since April 15th and they are reporting again on August 26th. A couple of good days yesterday and today with some volume coming in for the first time in awhile.

uc

AVNX up over 10% premarket today on early revenue news.

The company said it expects revenue of $45.5 million for the fourth quarter of fiscal 2006, $162.9 million for the full year, and between $48 million and $50 million for the first quarter of fiscal 2007. The average estimates of analysts polled by Thomson First Call are for revenue of $43.6 million for the fourth quarter, $161.5 million for fiscal 2006, and $45.8 million for the first quarter of fiscal 2007.

Earnings come out today after hours. Currently at 1.82. I'm in from 1.525 last week. I'm probably look to get out of it today before earnings this afternoon.

• Avanex Corporation Earnings Call scheduled for Tue, Sep 5
• Outlook Brightens at Avanex
at TheStreet.com (Mon 10:58am) 

Volume: 19,840,871
Avg Vol (3m): 4,227,990

52wk Range: 0.62 - 3.50

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
22.94%above 13-day EMA
21.01%above 50-day EMA
RS Rating: 31 

Fundamentals
Analyst Upgrade to Hold
Earnings Expected on Aug 28

Key Data:
Market Cap (M): $334.51 
P/E Ratio: NA 
PEG Ratio: -0.366667 
Next Earnings: 11/08/2006
Last Analyst Rating: Hold

AVNX is looking good...right now it's hitting the 200dma at 1.77.  Once above that there are some minor obstacles..but one to watch.  I'm already in. :D

If you want to get a move on the business increasing rapidly go to euronext.com.


11/10/06  (14:06 CET)  Alliances and agreements
(Euronext Paris) - Alcatel : Vodafone Group signs a Global Framework Agreement with Alcatel as a... 
10/10/06  (10:07 CET)  New contracts
(Euronext Paris) - Alcatel : German research network relies on Alcatel's transport service switch 
10/10/06  (09:54 CET)  New contracts
(Euronext Paris) - Alcatel : Wind selects Alcatel for triple play deployment and IP network... 
10/10/06  (09:39 CET)  New contracts
(Euronext Paris) - Alcatel : Telefónica selects Alcatel for end-to-end network transformation in... 
09/10/06  (12:40 CET)  New contracts
(Euronext Paris) - Alcatel passes 100 million DSL lines milestone and sets the pace for the ... 
09/10/06  (11:40 CET)  Corporate life
(Euronext Paris) - Alcatel : Golden Line selects Alcatel's unique transport service switch for... 
04/10/06  (08:43 CET)  Commercial results
(Euronext Paris) - Alcatel : New Caledonia's OPT and Alcatel sign Euro 42 million contract for new... 
03/10/06  (11:12 CET)  New contracts
(Euronext Paris) - Alcatel : Maroc Connect selects Alcatel for Euro 25 million phase one contract... 
28/09/06  (16:11 CET)  New contracts
(Euronext Paris) - Alcatel joins with ATD Quart Monde and Data Telecom Service to offer high speed... 
26/09/06  (14:09 CET)  New contracts
(Euronext Paris) - Alcatel - Italy's Mediaset enhances TV service delivery with Alcatel's optical... 
25/09/06  (12:50 CET)  New contracts
(Euronext Paris) - Alcatel vous fait partager les moments forts du 7ème Festival du Cinéma Français... (FR only) 
25/09/06  (10:32 CET)  New contracts
(Euronext Paris) - Alcatel : Denmark's TDC selects Alcatel's IMS-enabled solution to deliver... 
21/09/06  (13:51 CET)  New contracts
(Euronext Paris) - Alcatel wins Frost & Sullivan 2006 Market Leadership of the Year Award for... 
20/09/06  (10:23 CET)  New contracts
(Euronext Paris) - Alcatel : Chunghwa Telecom selects Alcatel's optical solution to speed digital... 
12/09/06  (11:18 CET)  New contracts
(Euronext Paris) - Alcatel #1 in optical networking according to industry analyst firm Ovum-RHK 
12/09/06  (11:03 CET)  New contracts
(Euronext Paris) - Alcatel opens IP Transformation Center in Antwerp 
07/09/06  (18:18 CET)  General Meeting / Board Meeting
(Euronext Paris) - Alcatel : Annual Shareholders' Meeting of September 7, 2006 
06/09/06  (16:41 CET)  Commercial results
(Euronext Paris) - Alcatel joins the Dow Jones Sustainability STOXX index and remains listed in the... 
01/09/06  (08:46 CET)  New contracts
(Euronext Paris) - Alcatel intends to acquire Nortel's UMTS radio access business to strengthen its... 
31/08/06  (09:19 CET)  Commercial results
(Euronext Paris) - Alcatel : Telstra and Alcatel announce Euro 270 million works program for 2006/07 
29/08/06  (10:45 CET)  New contracts
(Euronext Paris) - China Netcom selects Alcatel's NGN solution 
28/08/06  (15:25 CET)  New contracts
(Euronext Paris) - Alcatel : KPN selects Alcatel's Ethernet solution to deliver business services 
16/08/06  (11:57 CET)  New contracts
(Euronext Paris) - Alcatel : Taiwan's APTG to enhance transport network with Alcatel's optical... 
16/08/06  (11:44 CET)  New contracts
(Euronext Paris) - Alcatel : China's Ministry of Public Security selects Alcatel for next... 
08/08/06  (08:22 CET)  Commercial results
(Euronext Paris) - Alcatel and Lucent Technologies announce AMF grants visa for Admission to... 
02/08/06  (11:03 CET)  New contracts
(Euronext Paris) - Alcatel selected by York County, Pennsylvania to enhance public safety... 
02/08/06  (10:47 CET)  Commercial results
(Euronext Paris) - Alcatel awarded a Euro 30 million contract with ITPC for a nation-wide backbone... 
27/07/06  (12:19 CET)  Corporate life
(Euronext Paris) - Alcatel announces resolutions with respect to the appointment of directors 
27/07/06  (07:55 CET)  Commercial results
(Euronext Paris) - Alcatel reports second quarter 2006: revenues up 8% 
26/07/06  (15:59 CET)  Alliances and agreements
(Euronext Paris) - Alcatel signs an agreement for professional integration of disabled people in... 
26/07/06  (13:38 CET)  Alliances and agreements
(Euronext Paris) - Alcatel and Lucent Technologies name additional members to leadership team of... 
25/07/06  (11:21 CET)  New contracts
(Euronext Paris) - Alcatel : Belgacom selects Alcatel's IP portfolio to support nationwide triple... 
25/07/06  (10:38 CET)  New contracts
(Euronext Paris) - Alcatel : China Telecom selects Alcatel's IP solution to bring advanced... 
24/07/06  (14:38 CET)  New contracts
(Euronext Paris) - SingTel teams with Alcatel for advanced broadband network 
24/07/06  (10:11 CET)  New contracts
(Euronext Paris) - Alcatel : Telekom Austria selects comprehensive Alcatel solution for Triple Play... 
20/07/06  (12:09 CET)  New contracts
(Euronext Paris) - Alcatel : Shanghai Government selects Alcatel to deploy its CBTC signaling... 
19/07/06  (10:48 CET)  New contracts
(Euronext Paris) - Alcatel wins a Euro 50 million mobile NGN deployment and GSM network expansion... 
18/07/06  (12:08 CET)  New contracts
(Euronext Paris) - Alcatel : CNES, Orange France and Alcatel join forces to test new mobile... 
17/07/06  (16:24 CET)  Commercial results
(Euronext Paris) - Alcatel to publish its second quarter 2006 results on July 27, 2006 
17/07/06  (12:30 CET)  New contracts
(Euronext Paris) - Alcatel and Kodiak Kenai Cable Company to install new submarine cable network... 
13/07/06  (11:48 CET)  New contracts
(Euronext Paris) - Alcatel : Telbios selects Alcatel solution to deliver innovative residential... 
12/07/06  (14:58 CET)  General Meeting / Board Meeting
(Euronext Paris) - Alcatel: Notice of General Shareholders' Meeting published in the BALO 
12/07/06  (11:49 CET)  New contracts
(Euronext Paris) - Alcatel successfully enhances RAILTEL's telecom network throughout India 
12/07/06  (10:55 CET)  New contracts
(Euronext Paris) - China Netcom selects Alcatel's IP solution to enhance triple play service... 
11/07/06  (08:00 CET)  Alliances and agreements
(Euronext Paris) - Alcatel : Trading update: second quarter 2006 results in line with expectations 
11/07/06  (08:00 CET)  Alliances and agreements
(Euronext Paris) - Alcatel : Alcatel and Lucent Technologies confirm timing of proposed merger and... 
05/07/06  (17:21 CET)  New contracts
(Euronext Paris) - Alcatel wins Euro 12 million rail signaling contract for a section of the... 
04/07/06  (11:58 CET)  Commercial results
(Euronext Paris) - Alcatel : Maroc Telecom awards Alcatel a Euro 26 million project to deploy... 
04/07/06  (11:43 CET)  Alliances and agreements
(Euronext Paris) - Alcatel and NextiraOne improve Kilkenny Council collaboration with IP telephony 
30/06/06  (10:06 CET)  New contracts
(Euronext Paris) - Alcatel and Fastweb announce new contract to address the communication... 

No, read this!!!

http://www.3stocksonfire.org/trading/index.php?topic=3979.0
http://www.3stocksonfire.org/trading/index.php?topic=382.0
http://www.3stocksonfire.org/trading/index.php?topic=474.0
http://www.3stocksonfire.org/trading/index.php?topic=2641.0

If it can help you...

latest analyst reports:

Avanex "buy," target price raised
Tuesday, September 12, 2006 1:45:11 PM ET
Roth Capital
NEW YORK, September 12 (newratings.com) - Analysts at Roth Capital reiterate their "buy" rating on Avanex (AVNX.NAS).
The target price has been raised from $2.70 to $3
&
Avanex guides to increased F4Q revenues
Monday, August 28, 2006 10:14:55 AM ET
newratings.com
NEW YORK, August 28 (newratings.com) – Fibre optics products manufacturer Avanex Corp (AVNX.NAS) Monday announced that it expects to post fourth quarter revenues worth $45.5 million, up 7% over the year-ago period and 13% over the previous quarter.
Avanex's share price appreciated over 8% to $1.78 in pre-market electronic trading on the Inet. Avanex said that revenues for the full year are expected at $162.9 million, as compared to $160.7 million in the prior fiscal year. The company also guided to F1Q07 revenues worth $48-$50 million. Avanex said that it was in the process of assessing the impact of a net increase in inventory reserves and other provisions arising from the transfer of some of its operations to contractors.

Stay Logged.

Draak,

    Did you use the search button before making another thread of AVNX?

Drrak,you created a new one today, and also one on Oct. 11..... ???
If you have some comments, why not post here.....  ???
Here is the thread on AVNX.
And I think there have been about  6 more started..... ::) "Clutter"

Draak, you should post ur comments about AVNX in this thread instead of making another one ;)

Setravis we post almost the same time :D  ... he he he...

Quote from: Terliso on October 15, 2006, 05:00:44 PM
Draak, you should post ur comments about AVNX in this thread instead of making another one ;)

Thank you Terliso, For you support of this unnecessary creation of yet another thread on the same stock pick.........Applaud !!!!!! ;)
ESP...... :D

Well let's leave Friday's closing chart, since we are in this thread.
Oversold....Back above the 50-day MA.
Target $3-4, stop $1.54.

Support @ $1.59...1.50...1.41
Resistance @ $1.74...1.86...1.94...2.00

Recent CandleStick Analysis
Bullish
Oct-11-2006 Bullish Engulfing 

52wk Range: 0.62 - 3.50

Volume: 2,942,888
Avg Vol (3m): 4,037,300

Technicals
Stochastic is Bullish
Close Above the 50-day MA
Close Above the 13-day MA

Last Price Quote is:
2.73%above 13-day MA
1.29%above 50-day MA
RS Rating: 61 

Fundamentals
Key Data:
Market Cap (M): $333.11 
P/E Ratio: NA 
PEG Ratio: -3.78 
Next Earnings: 11/08/2006
Last Analyst Rating: Hold

• Avanex Corporation Earnings Call scheduled for Thu, Nov 2
CCBN (Wed, Oct 11) 

Thanks Setravis for the quick look at this one. I have stuck it out with avnx, made out well on the run up, sold and bought back in averaging $2.26. It never ceases to amaze me how volitile these cheap stocks are.

uc.

First My Apologies for the last new thread! ;)

Volume nice above 20 day. Shorts left to covet 1.58 days. Break out inevitable!

Quote from: Draak on October 17, 2006, 07:26:34 AM
First My Apologies for the last new thread! ;)

Volume nice above 20 day. Shorts left to covet 1.58 days. Break out inevitable!

Yes, we may get that breakout today. Up 13% pre-mkt on earnings report.

uc.

Avanex Q1 revenue up
Thursday November 2, 9:15 pm ET

Avanex Corp. Thursday said it had record revenue for the first quarter of fiscal 2007, with strong growth of new products, but posted a loss greater than analysts' estimates.

Fremont-based Avanex (NASDAQ: AVNX - News), which sells technology used in fiber-optic networks, reported revenue of $50.9 million for the quarter ended Sept. 30, compared with revenue of $41.2 million during the same quarter a year ago.

The company had a net loss of $9.8 million for the quarter, or 5 cents per share, compared with a loss of $16.9 million, or 12 cents per share a year ago.

Analysts polled by Thomson Financial on average estimated a loss of 2 cents per share on $49.15 million in revenue.

AVNX is really serious about coming back into the spotlight. 
After closing the gap it opened on the positive response to earnings it's back to higher grounds on good volume.

AVNX is sure goin up!!!

Gapping above key 1.82 resistance - looks ready to run.  I put targets at 2.05 and 2.25.  Could well be a big volume day...

Some resistance at $1.89 otherwise come on $2.05.

uc.

Waiting to sell some between 2.05 and 2.12 ;)

Nice bit of news. Now we know what the commotion has been about today.

uc.

Avanex Up on Upgrade to 'Buy'
Monday November 13, 2:09 pm ET
Avanex Shares Jump After Analyst Upgrades Stock on Market Share Gains

NEW YORK (AP) -- Shares of Avanex Corp., a maker of fiber-optic networking equipment, jumped in Monday's trading after an analyst upgraded the stock and said the company may be stealing market share from a key competitor.

BWS Financial analyst Hamed Khorsand lifted his rating on the stock to "Buy" from "Hold" and said Avanex' increased fiscal first-quarter sales may have come at rival Bookham Inc.'s expense.

"Over the last six months Avanex has improved their output of products from their Asian manufacturing facility that has resulted in smaller inventory write downs at Avanex. The financial results from Bookham continue to be evidence that Avanex is regaining market share," Khorsand wrote in a note to investors.

Shares of Avanex, which have traded between 62 cents and $3.50 over the last year, were up 14 cents, or 7.9 percent, at $1.92 in midday trading on the Nasdaq

Potential........ ;D

BWS Financial upgrades Hold to Buy. Target $1.6 to $2.4. BWS Financial upgrades AVNX to Buy from Hold and raises their target to $2.40 from $1.60 saying Avanex (AVNX) is regaining market share from Bookham (BKHM) after AVNX reported revenue growth of 23.5% from 2005 while BKHM showed only 2.5% improvement. The firm says over the last six months AVNX has improved their output of products from their Asian manufacturing facility that has resulted in smaller inventory write downs at AVNX. They say the financial results from BKHM continue to be evidence that AVNX is regaining market share.

Support @ $1.77...1.71...1.66
Resistance @ $1.94...1.99

52wk Range: 0.62 - 3.50
Volume: 8,044,690
Avg Vol (3m): 4,137,410

Technicals
MACD is Bullish
Most Actives
Percentage Gainer

Last Price Quote is:
12.67%above 13-day MA
15.93%above 50-day MA
RS Rating: 94 

Fundamentals
Analyst Upgrade to Buy

Key Data:
Market Cap (M): $333.11 
P/E Ratio: NA 
PEG Ratio: -3.78 
Next Earnings: 02/16/2007
Last Analyst Rating: Buy

closed above the 200ma which also filled the gap @ 1.88.

Continued strength... wants to break 2.00 tomorrow  ;D ;D ;D

Ive almost pulled the sell trigger twice thinking its legs may tire.The chart keeps me hanging on,Ill see how much energy this has.

Quote from: LT500r on November 14, 2006, 08:58:47 PM
Ive almost pulled the sell trigger twice thinking its legs may tire.The chart keeps me hanging on,Ill see how much energy this has.

Let the chart do the talking...... ;D

I stood by my original trading plan of a 2.05 exit.I got taken out @2.06 this morning.If profit takers can beat this down a bit I may look for a re-entry point.

2 taken out and 50ema crossed 200ema today. Looking good.

yep, nice close above 2.05 resistance.  The whole semi sector seems to be looking good right now and I think we will see continuation of this uptrend into the end of the year.  Looking to add to my position on any pullback.

oh my how things can change!!!

After hitting a high of 2.20 yesterday, I raised my stop to 1.94, which AVNX tagged right after the open!!  grrr. my stops keep getting taken out all over the place  >:D >:D  Well, I may have been a bit too aggressive in protecting against loss on this one.  AVNX looks like it may bounce from here next week, however if the last couple days of sector bearishness continues, it may break this support to test 1.83 support and a possible new ascending trendline.  I would be a buyer again if it did so, but for now, I'll leave it to the rest of you guys.

Was only a small position on this one - loss of $11.94 or just under 1%

Hi, and a good day to all  !
If you find this thread to be larger, it is ......
I just completed a merger of all AVNX threads.
So if you created a new thread when this one already existed, you will now find it here.
Hopefully I got all threads merged with this one.
One stock one thread.....I call it "Simplicity" !

Regards to all, and good trading to you.....make some $ ;)

It may be close to time to get in.I could be dead wrong but I think this sector has plenty of strength left.Ill see if the BBs tighten and 1.7x looks like support over the next couple trading sessions.

To me this chart looks to have a "double",
Cup with Handle (continuation) Pattern. JMHO of course.
Another view could be a Rising Wedge (reversal) Pattern.     

52wk Range: 0.85 - 3.50
Volume: 1,377,227
Avg Vol (3m): 3,793,630

Technicals
Last Price Quote is:
-4.47%below 13-day MA
1.09%above 50-day MA
RS Rating: 71 

Fundamentals
Key Data:
Market Cap (M): $333.11 
P/E Ratio: NA 
PEG Ratio: -3.78 
Next Earnings: 02/16/2007
Last Analyst Rating: Buy

AVNX support is in. Institutions buying. Lot of upside here.

AVNX  Trading! Fibre roll out is on full steam. AVNX has increasing revenues CC after CC. As FNSR has a problem with delisting. AVNX big returns coming over next 3 months.

AVNX made a lovely candle yesterday, breaking out from its descending channel.  Potential cup n handle still in play (though the handle looks a bit big).  MACD crossing its signal line, CCI looks good , RSI pointing up, basically everything suggests AVNX wants to go higher.  Nice  ;D.

Joined you this a.m. at $1.91

Jo Major has increased revenue guidance from last CC which showed nice gains best ever CC by the way from AVNX.

It's AVNX time. Telco's moving quickly in Europe.

breakout on the weekly

Tech from Microsoft Sony Hp says the products are here.

AVNX continues to look good.  Am still holding and waiting for it to push through 2.12.  Thought it might today, but not yet....  There is a little channel going on, so it could pull back, but volume is up and I think it wants to go this time.  Any day now.  CNXT also looking quite nice too...

I like CNXT, I have a holding there. Both looking nice.

One day soon we will have that 80 90 million volume and we break $4's $5's.

are you sure?$4..$5,   then I will be rich...lol
long today at 2.20.....good luck! ;D

If on good news it can run from $0.64 to $3.50. It can sure run on good fundamentals from $2.20 to $5.

This years move is different from the last. Revenues have almost dubbled in 3 years. The chart is a nice steady climb.

And Sony, HP, Microsoft, Apple are all releasing products that will acquire more traffic to come into the household.

As Bill Gates said on Monday this is the decade for product and home entertainment, the only problem is we don't have the connections.

Fibre is at the beginning of the big roll out.

updated chart.
nice move!!! let's see now if it stalls @ the top of the wedge or
breaks out to 2.73

JDSU split. FNSR is in trouble. BKHM is doomed. And all this coming into a fibre run.

AVNX is the one#

4 weeks to the best revenue CC in AVNX history. Do your DD.

Nice analysis Keichi.  I'm also curious to see whether AVNX can truly break out of this rising wedge pattern, which it tagged again last week.  The recent break out of 2.12 resistance looks to be significant.  I would like to see AVNX hold above this level in any consoildation.  2.20 may break, as it did on Friday intraday, but we have had 3 closes above this level, which also bodes well.  AVNX could see some more consolidation, but what I don't want to see is another pullback to the base of the wedge (and the resulting slide in my profits!).  I'm gonna keep an eye on the CCI and lookout for a move back below the 100 line to signal a potential retrace.  For now, 2.09 seem a reasonable stop.

On the intraday, the last 3 days action looks like a textbook breakout from base at 2.12, with a flag forming off the recent high.  2.26 looks to be a short term pivot level, but really we want to see it break out of this flag to the upside on Tuesday. 

AVNX profit margin guidance 20-25%. Says AVNX could hit
$60m for the quarter to get to
breakeven.  AVNX sales have been ramping $5m per quarter over the last few
quarters.

That was with transition into a contract
manufacturing model. 

So $60m for March looks a possibilty. The
question is whether with all that  submarine business and FTTH
business.

Will AVNX have a $60 million CC or just below. Even so it just gets better.

http://quotes.barchart.com/texpert.asp?sym=avnx

AVNX broke down at the top of the channel, and came down to test 2.02 support on Thursday.  Unfortunately it took out my 2.09 stop on the way.  Rallied on Friday and managed to close above key 2.12 level.  Will it continue to the upside, holding the short term trendline, or will it break down and test the base of the channel again? Tough to call, but as long as it holds up above 2.12 this week, it favours a bullish outcome.

CCI suggests further retrace, but it may rally off the bounce on the MACD signal line and RSI mid line.

Going to get Bullish coming into a great CC. Check out the Transcript on Seeking Alpha September the 5th 2006. For employee revenue growth.

I know it's a few months back. But a great read. Each Western AVNX employee has a turnover per person of over $447'000.

One of the best in the Industry.

DD on the big picture!

http://www.iptv-forum.com/

Good day for AVNX....

CC is on Feb  6th.


anymore thoughts  ? 

Some are tying what Bill Gates said Today to AVNX:



Internet to revolutionize TV in 5 years: Gates By Ben Hirschler
Sat Jan 27, 5:02 PM ET



The Internet is set to revolutionize television within five years, due to an explosion of online video content and the merging of PCs and TV sets, Microsoft (Nasdaq:MSFT - news) chairman Bill Gates said on Saturday.

"I'm stunned how people aren't seeing that with TV, in five years from now, people will laugh at what we've had," he told business leaders and politicians at the World Economic Forum.

The rise of high-speed Internet and the popularity of video sites like Google Inc.'s (Nasdaq:GOOG - news) YouTube has already led to a worldwide decline in the number hours spent by young people in front of a TV set.

In the years ahead, more and more viewers will hanker after the flexibility offered by online video and abandon conventional broadcast television, with its fixed program slots and advertisements that interrupt shows, Gates said.

"Certain things like elections or the Olympics really point out how TV is terrible. You have to wait for the guy to talk about the thing you care about or you miss the event and want to go back and see it," he said.

"Internet presentation of these things is vastly superior."

At the moment, watching video clips on a computer is a separate experience from watching sitcoms or documentaries on television.

But convergence is coming, posing new challenges for TV companies and advertisers.

"Because TV is moving into being delivered over the Internet -- and some of the big phone companies are building up the infrastructure for that -- you're going to have that experience all together," Gates said.

YouTube co-founder Chad Hurley said the impact on advertising would be profound, with the future promising far more targeted ads tailored to each viewer's profile.

"In the coming months we're going to do experiments to see how people interact with these ads to build an effective model that works for advertisers and works for users," he said.

Advertisers are already racing to adapt their strategies to the growing power of the Web, and more and more promotional cash is tipped to migrate from television to Web sites in future.

Hedge Fund SAC buys 5% of AVNX.

CC on Tuesday, Feb 6th...

Cramer pumped this stock  when it was under $3.

AVNX Feb. 21 at the Ritz Carlton Laguna Niguel in Dana Point, Calif. Major will also present at the Bank of America Technology Conference on Thursday, Feb. 22 at the Palace Hotel in New York City

AVNX break out imminent going higher for the next few weeks.

Radar for a break.

Quote from: Draak on February 22, 2007, 09:26:49 AM
AVNX break out imminent going higher for the next few weeks.

You really shouldn't make bonehead statements like this...it makes you look like an idiot...especially if someone were to do a search on all your other worthless pumps

*smite*

agreed.  Back up a statement with a chart!!!  Personally, I also think AVNX is due for a rebound from here, and if the general market makes a little rebound we should see AVNX follow suit.  Historically, the 1.70-1.75 level looks to be pretty solid support, and I think the last two candles hint at a reversal.  AVNX has a history of sharp price rises followed by flag-like retraces - my feeling is that we just hit the base of this retrace.  MACD doesn't look great but the RSI is looking like it wants to make a little bounce from these oversold levels.

I bought back in this morning at 1.81.  For now I will keep a stop just below 1.70 and see what we get here.

OK, not a great close on the week for AVNX, but I still think this looks like a low risk opportunity as it pulls back to 1.70 support.  Provided the markets as a whole don't pull everything down, I think we should see a rebound from these levels in the coming weeks.  Maintaining my stop just below 1.70 and looking for a move to the top of this channel that comes in at 2.10.

Good gains to be made on AVNX PPS coming into second quarter. Radar.

March 21, 2007 - 8:33 AM EDT           

Avanex to Demonstrate Breakthrough Thermal Management Technology in New Amplifier Platforms at OFC/NFOEC
Avanex Corporation (Nasdaq:AVNX), a pioneer of intelligent photonic solutions that enable next-generation optical networks, today announced that it will demonstrate optical amplifiers with its breakthrough Digital Control System (DCS) thermal management technology at the Optical Fiber Communications Conference and Exhibition (OFC/NFOEC) held at the Anaheim Convention Center in Anaheim, Calif. between March 26–29.

Avanex's proprietary DCS significantly improves the overall efficiency of the entire amplification system. Depending on the amplifier output power, the control system reduces or eliminates the need for heat sinking and forced air-cooling in controlled amplifiers. Prior to the commercialization of this technology, pumps were operated with simple analog control systems, requiring more energy and generating increased heat dissipation.

The improvement in thermal dissipation allows customers to achieve higher system density and lower operating costs associated with thermal management and maintenance without a decrease in performance.

Avanex's new Erbium Doped Fiber Amplifier (EDFA) platforms, the PureGain(TM) 1600, 1700 and 2800, utilize DCS technology and are the industry's first digitally controlled EDFAs available that use dynamic thermal management and patented digital pump control.

A live demonstration of Avanex's new PG1600, PG1700 and PG2800 amplifier product platforms using DCS thermal management technology will be on display in booth 2141 at OFC/NFOEC held at the Anaheim Convention Center in Anaheim, Calif. between March 26-29.

Press Release Source: Avanex Corporation


Avanex Introduces Advanced Wavelength Selective Switch Platform for ROADM Applications
Wednesday March 21, 4:05 pm ET


FREMONT, Calif.--(BUSINESS WIRE)--Avanex Corporation (NASDAQ:AVNX - News), a pioneer of intelligent photonic solutions that enable next-generation optical networks, today introduced its Wavelength Selective Switch (WSS) platform built on its field-proven liquid crystal (LC) technology for a variety of network architectures including multi-degree interconnects.
Source: Avanex Corporation 

 
Dense Wavelength Division Multiplexed (DWDM) networks continue to demand greater levels of flexibility and reconfigurability at lower costs in order to meet growing bandwidth needs. Avanex's WSS platform is a cost-effective solution for dynamic, flexible and intelligent next-generation optical systems. The WSS enables remote high-speed switching of any wavelength or combination of wavelengths from any port to any port, offering unprecedented levels of flexibility. The switching process is truly hitless (non-traffic affecting) and the device also allows per channel optical power balancing.

"We believe that widespread adoption and deployment of reconfigurable networks will be paced primarily by the introduction of optical switching solutions that meet the economic needs of our customers," said Dr. Sanjai Parthasarathi, senior director, product line management of Avanex. "We strive to accelerate this adoption by offering a high-performance and cost-effective WSS solution designed for volume deployments."

Avanex's new WSS is built on its patented and field-proven LC technology platform that has been manufactured in volume for over three years. Avanex's LC products are reliable by design, certified by stringent qualification programs, and customer-qualified into major OEM architectures and applications.

"Technology options for reconfigurable WDM networks have evolved from traditional demux and switch architectures to wavelength blockers and now to wavelength switching," said Giovanni Barbarossa, chief technology officer of Avanex. "Our WSS represents a third generation ROADM technology, bringing a high-performance product into the market based upon a cost-effective and highly manufacturable platform."

Avanex's WSS solution will be showcased in booth 2141 at the Optical Fiber Communications Conference and Exhibition (OFC/NFOEC) held at the Anaheim Convention Center in Anaheim, Calif. between March 26-29.

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 was incorporated in 1997 and is headquartered in Fremont, Calif. Avanex also maintains facilities in Elmira, N.Y.; Shanghai, China; Nozay, France; San Donato, Italy; and Bangkok, Thailand. To learn more about Avanex, visit our website at: www.avanex.com.

Avanex Introduces Tunable Platform for In-Line Dispersion Compensation Management
Thursday March 22, 4:05 pm ET


FREMONT, Calif.--(BUSINESS WIRE)--Avanex Corporation (Nasdaq:AVNX - News) a pioneer of intelligent photonic solutions that enable next-generation optical networks, today introduced its in-line Tunable Dispersion Compensator (TDC) platform.
Source: Avanex Corporation 
 
The PowerShaper(TM) 3200 platform is the industry's only broadband TDC solution compatible with both 10Gb/s and 40Gb/s transmission speeds. This product platform provides remotely tunable dispersion and 100 percent slope compensation for all C-band channels simultaneously with signal pass-band fidelity.

The emergence of reconfigurable networks and the migration to 10Gb/s and 40Gb/s transmission speeds requires signal fidelity to be maintained over a broad range of system configurations. Additionally, as bandwidth usage increases, remote network reconfiguration is increasingly critical and is needed to lower installation and maintenance costs. Tunable dispersion compensation management is critical to maintain signal fidelity and minimize transmission penalty.

The PowerShaper platform is a compact and simple to use module that can be seamlessly integrated into the mid-stage of an Erbium Doped Fiber Amplifier (EDFA) or DWDM demultiplexer. This both enables flexibility required by next-generation networks and reduces the overall cost of dispersion compensation management throughout the network.

The intelligent digital control system employed in the Avanex TDC platform overcomes complex control, stability and fidelity challenges to achieve an unprecedented less than 5ps of peak to peak Group Delay Ripple. The module can be tuned remotely or by an integrated closed loop control system to optimize and maintain network performance without network operator intervention. The module can also be used in "set and forget" mode as a substitute for fixed dispersion compensators.

The PowerShaper is compact by design (100x130x15mm) and employs proprietary etalon technology to achieve dynamic dispersion compensation over +/- 800ps/nm (less than 6dB loss) or +/- 1200ps/nm (less than 8dB loss) with a dispersion pass-band of 40GHz, or up to +/- 1400ps/nm over a 35GHz dispersion pass-band at 100GHz channel spacing, and precise control of dispersion to less than 20ps/nm.

PowerShaper 3200 product platform will be presented at Avanex booth 2141 at the Optical Fiber Conference and Exhibition (OFC/NFOEC) held at the Anaheim Convention Center in Anaheim, Calif. between March 26-29.

Can you say Short squeeze. Insider buying, together with the fore front technology product releases.

March 27, 2007 - 8:42 AM EDT           
 
Avanex Extends Industry Leading Interleaver Platform
Avanex Corporation (NASDAQ:AVNX), a pioneer of intelligent photonic solutions that enable next-generation optical networks, today introduced its 25 GHz PowerMux interleaver product portfolio based on patented Gires-Tournois etalon technology.

Interleavers enable Wavelength Division Multiplexed (WDM) networks to cost-effectively double the number of channels and capacity within the same operational wavelength window. Currently, most interleaver-enabled WDM systems operate at 50 GHz channel spacing. Avanex's industry-leading interleaver platform now enables 25 GHz channel spacing, which effectively doubles the number of available channels in a given wavelength range. The 25 GHz PowerMux is a low-cost upgrade solution for high capacity next-generation ultra-dense WDM networks.

Avanex's Gires-Tournois etalon technology is uniquely suited for 25 GHz and finer channel spacing. The Avanex 25 GHz PowerMux interleaver offers low insertion loss, wide passband with very low Polarization Dependent Loss (PDL) and Polarization Mode Dispersion (PMD). The device's wide passband and high channel isolation allow it to be used in applications that require multiple node cascading.

"We have continued to invest and innovate in this technology, and the 25 GHz interleaver is the latest of several recent advancements including asymmetric and bidirectional interleaving," said Dr. Sanjai Parthasarathi, senior director, product line management. "Our interleaving technology offers the best combination of wide-band and low loss. This product is gaining good market traction among next-generation network system designers."

Avanex's Interleaver product family will be on display at Avanex booth 2141 at the Optical Fiber Conference and Exhibition (OFC/NFOEC) held at the Anaheim Convention Center in Anaheim, Calif. between March 26 - 29.

It's time to lock in a holding.

On the move. $1.70 was the line. SAC owns 10.8 million.

Avanex Completes Divestiture of Optoelectronic Fabs in France
Thursday April 19, 4:04 pm ET


FREMONT, Calif.--(BUSINESS WIRE)--Avanex Corporation (NASDAQ:AVNX - News), a pioneer of intelligent photonic solutions that enable next-generation optical networks, today announced that it completed the sale of 90 percent of its interest in its French subsidiary, Avanex France S.A, including its Indium Phosphide (InP) and Gallium Arsenide (GaAs) semiconductor fabs, and its laser, terrestrial pump, submarine pump and Fiber Bragg Grating (FBG) product lines to Global Research Company, owned by Alexandre Krivine, and to the current management of Avanex France S.A, Didier Sauvage. The purchasers have changed the name of Avanex France to 3S Photonics.



The divested business represented approximately $3.0 million of Avanex Corporation's $55.6 million total revenue for its second quarter of fiscal 2007 ended December 31, 2006. Avanex Corporation expects the divestiture of Avanex France S.A. and certain product lines to accelerate its path to profitability and result in approximately $12.0 million to $16.0 million of annual operating savings beginning in the fourth quarter of fiscal 2007 ending June 30, 2007. Avanex Corporation expects to begin to recognize the full quarterly operating savings of $3.0 million to $4.0 million and to achieve non-GAAP EBITDA (earnings before interest, tax, depreciation and amortization) breakeven in the first quarter of fiscal 2008 ending September 30, 2007. Non-GAAP adjustments would remove the effect of non-recurring events, including certain costs associated with the French divestiture, and stock-based compensation.

At the closing, Avanex Corporation and 3S Photonics entered into several commercial agreements in order to assure a smooth transition and to ensure their customers' continuity of supply. Avanex Corporation will maintain an innovation center in France comprised of approximately 20 employees that will focus on developing transmission products.

A week away from earnings. Keeping an eye on it.

uc.

Rectangle Channel breakout $2.30 in play ;)

Quote from: Terliso on July 06, 2007, 05:50:43 PM
Rectangle Channel breakout $2.30 in play ;)

Oh yeah! not far from there. ;)

AVNX
Avanex Reports that Alcatel-Lucent Extends
Supply Agreement; Sells 12.4% Stake to Pirelli
Avanex Corporation (AVNX) has announced that Alcatel-Lucent has extended
its supply agreement for an additional three years and that Pirelli
Group has purchased the 12.4% stake in Avanex previously held by Alcatel-
Lucent. Pirelli also signed a supply agreement with Alcatel-Lucent
for related components. "The investment in Avanex and the Pirelli supply
agreement with Alcatel-Lucent strengthens the Group's presence in
the core business of second generation photonics after the start-up,"
stated Claudio De Conto, General Manager, Operations.

updated chart look.......