MDA - Market Direction Analysis

[wahz]

No, had not seen that. Thanks!

I am growing more comfortable diversifying among fnsr, avnx, scmr, cien, and jdsu. I wanted only cien and jdsu at first which was a mistake. You folks probably know that scmr is the old team from cascade and ascend. The balance sheet is in great shape. It was a mistake to leave off scmr, and will be. These wins are just not priced in. 30-50% compounding rev growth isn't priced in. They are all still priced at a very low multiple of revs and cash