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Although Electro Optical Engineering appears to be out selling JDS Uniphase in optical test and measurement equipment based on JDS Uniphase’s latest quarterly report, there is too much carnage in this industry for us to be comfortable holding Electro Optical Engineering. We will look to get back in Electro Optical Engineering after the dust settles on JDS Uniphase.

Suggested Trades:

* SELL EXFO near $6.48

EXFO 1-yr. chart:

EXFO Investment

Related Articles: Time To Test Out Electro Optical Engineering