Don't look for a huge uptick, but you should be able to grab 4-5% this week on:
Tellabs, TLAB at 13.64, you could see it hit 14.38+
Finisar, FNSR at 4.21, look for 4.45-4.50 sometime this week
JDS Uniphase, at 3.65 you could probably expect it to hit somewhere between 3.89 to 3.96 by midweek.
Optical is my play this week. Don't look to get big off of these, but do expect to pick up something in the range of 5%.
Remember, it's good to go elephant hunting, but you'll need to shoot some rabbits along the way, to eat.
DISCLOSURE: I am long in JDSU.
Tellabs, TLAB at 13.64, you could see it hit 14.38+
Finisar, FNSR at 4.21, look for 4.45-4.50 sometime this week
JDS Uniphase, at 3.65 you could probably expect it to hit somewhere between 3.89 to 3.96 by midweek.
Optical is my play this week. Don't look to get big off of these, but do expect to pick up something in the range of 5%.
Remember, it's good to go elephant hunting, but you'll need to shoot some rabbits along the way, to eat.
DISCLOSURE: I am long in JDSU.
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