After reporting solid FQ1 results, Finisar (FNSR +9.7%) CEO Jerry Rawls struck a bullish tone in...

|About: Finisar Corporation (FNSR)|By:, SA News Editor

After reporting solid FQ1 results, Finisar (FNSR +9.7%) CEO Jerry Rawls struck a bullish tone in his company's earnings CC, expressing hope that telecom spending will rise, and an inventory correction that's plagued optical component firms is over. But ACI Research is more cautious, believing another 2-3 months of corrections remain. (previously)