Bruce Pile
Long only

Alliance Fiber Optic And The New Networking

Alliance Fiber Optic Products (NASDAQ:AFOP) is a tiny maker of optical networking components. They make beam splitters, WDM, attenuators, couplers, and connectors. I like this type of product, but the technical condition was so good, I couldn't resist and bought the stock about a year ago and sold it after about 3 months with some 26% of gain. Then I watched in dismay as their revenue continued what is now a three year climb of 57% alongside cash flow climbing 167% and earnings doing over a 3 bagger. The stock has now done over a double from where I cleverly took my measly profit, leaving me wondering just what in the blue blazes is going on with this...

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