Seeking Alpha

Wisdom vs. Info...'s  Instablog

Wisdom vs. Information
Send Message
Wisdom vs. Information does not imply that I believe I am wise; I humbly seek to distinguish between plentiful information and rare wisdom. I am a reformed lawyer and serial entrepreneur, with a few years of oil and gas industry experience as well. I am a disruption nerd, constanly searching for... More
My blog:
hillsolar.com
  • Buying Finisar on the Way Down 0 comments
    Mar 9, 2011 12:18 AM | about stocks: FNSR
    Finisar got crushed after hours after excellent, no, great earnings and disappointing guidance. Too many ROADMs in inventory in China, and some surprising order weakness from China in general. Maybe there was a little weakness otherwise, but still guiding ~29% year over year next quarter. Figure they sell over a billion next year while maintaining 17% net margins at 20 PEx and I see 45 to 50 per share. And that is conservative. So, I will be buying FNSR on weakness. Might bounce tomorrow, might grind down all quarter, either way, once I see a little life in the hourly chart I will be a buyer.

    Disclosure: I am long FNSR.

    Additional disclosure: Long for over a year, will be long photonics for at least another year
    Themes: tech Stocks: FNSR
Back To Wisdom vs. Information's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

  • not holding my breath waiting for all the CSCO/Chambers haters to admit they are trolls/idiots
    Jul 28, 2011
  • small caps getting hit while the NQ rises: risk off. not due to Euro, just typical cyclical balancing. INTC, DOX, etc looking good-- for now
    Jul 25, 2011
  • no vol on the leaders, no proof this is the bottom
    May 21, 2010
More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.