Its optical subsystems convert electrical signals into optical signals for reliable, high-speed data transmission over varying distances, speeds and transmission mediums. The Company sells its optical subsystems to manufacturers of networking and storage equipment that develop and market systems based on Gigabit Ethernet and Fibre Channel, which are advanced transmission protocols used in high-speed LAN and SAN applications. The Company also provides unique network performance test systems which assist networking and storage equipment manufacturers in the efficient design of reliable, high-speed networking systems and the testing and monitoring of the performance of these systems. Stock Fans, Finisar Corporation is in a hot sector. They have unveiled an optical transceiver for gigabit transmissions.
Volume is off the charts.
Block trades show that institutions are buying. The timing indicators have turned up and this looks to roll. I expect the Nasdaq pull back a tad and I am looking to buy shares on the dip. Stock Fans, another volume play. Block volume was unusually high.