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Bellwether Report.com Issues Alert for Finisar Corp.

Publication: M2 Presswire
Publication Date: 31-AUG-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2006-bellwetherreport.com: Bellwether Report.com Issues Alert for Finisar Corp.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31082006

The Bellwether Report Takes Notice of Finisar Corp. (NASDAQ:FNSR)

Finisar helps put the "work" in network with equipment that enables high-speed data communications over local-, metro-, and storage-area networks (LANs, MANs, and SANs). Finisar's optical components and subsystems include data links (transmitters, receivers, and transceivers) and link extenders. Its network performance test systems analyze traffic and identify problems. The company's customers include EMC and Cisco (22% of sales). A deal to acquire Infineon Technologies' fiber optics business was terminated early in 2005; later, the companies agreed on Finisar acquiring certain assets of the Infineon business for stock valued at nearly $50 million....

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