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EnigmaDude (58.65)

Fiber Optics growth market



July 24, 2014 – Comments (3) | RELATED TICKERS: AFOP.DL , FNSR

Recently I came across a blog post that suggested that the fiber optic market worldwide grew by nearly $50B in 2013! That represents an increase of about 15% over 2012 revenues. It goes on to suggest that this level of growth is likely to continue for at least the next 5 years.

I own a small position in my RL portfolio in a smallcap growth stock called Alliance Fiber Optics, Inc. (AFOP). They seem to be well positioned to take advantage of this growth market.

Finisar Corp (FNSR) is another company to consider in this sector. Here is a blog from a Fool writer that gets into more detail regarding that company's growth prospects.

I would be interested in reading other's comments on this sector. Sorry I don't have time to write more.

Fool on! 


3 Comments – Post Your Own

#1) On July 29, 2014 at 6:22 PM, EnigmaDude (58.65) wrote:

Ouch! AFOP announced earnings today and although they beat consensus earnings estimates by $.01 they had a slight revenue miss (due to one key customer delay, according to the company CEO) and they projected little to no revenue growth next quarter. The market punished the stock with a 20% drop.

I added more to my position today as I see this drop as a buying opportunity. 

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#2) On July 30, 2014 at 9:40 AM, lemoneater (57.23) wrote:

Ouch, is right Corning (GLW) dropped yesterday by about 10% on an earnings miss. I think that its punishment was greater than its deserts. I wonder what percent of the fiber optic market share Corning has.

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#3) On October 31, 2014 at 11:16 AM, EnigmaDude (58.65) wrote:

"We are pleased to announce our highest ever quarterly revenue, driven primarily by demand in the North American datacom markets and the continued wireless network build-out in China," said Joe Liu, Chairman and CEO of Oplink

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