Support: the support price is hovering at the US$1.03 level. Volume traded at the weak support price zone was 0.4 times average during the ten occasions when the support price was breached. In the last month the lowest price was US$1.03 on Mar 19. The...
EMCORE Corporation advances 6.8% on robust volume, ending a three-day streak of losses
EMCORE Corporation (EMKR.O), NASDAQ’s 22nd largest electrical manufacturing company by market capitalisation, advanced 28.0c (or 6.8%) to close at US$4.37, ending a three-day streak of losses. Compared with the NASDAQ-100 index, which fell 2.0 points (or 0.1%) on the day, this was a relative price...
Ensuring cloud computing performance on data communications networks, Part 2
The widely used Carrier Ethernet specifications from the Metro Ethernet Forum (MEF) solve these problems. The MEF model includes creation of an “Ethernet Virtual Connection” (EVC) between two User Network Interface (UNI) Ethernet ports that provide points of access for communication services. In a cloud...
VimpelCom to maintain 2012 capex at last year’s level at around 60 bln rubles (Part 2)
VimpelCom to maintain 2012 capex at last year’s level at around 60 bln rubles (Part 2)Vimpelcom Ltd forecasts capex for its Russian subsidiary, OJSC VimpelCom (RTS: VIMP) in 2012 at the same level as last year, Vimpelcom Ltd’s general director, Jo Lunder, told journalists on...
Weekly: Optical Cable drops on high volatility and expanding price range
Optical Cable (OCC.O), NASDAQ’s 5th largest Fiber Optics company by market capitalisation, traded between an intraweek high of US$3.52 and a two-week low of US$3.26. The share price dipped 3.01c (or 0.9%) to US$3.48 in the week ending Friday March 09. Compared with the NASDAQ-100...
VimpelCom to maintain 2012 capex at last year’s level at around 60 bln rubles (Part 2)
VimpelCom to maintain 2012 capex at last year’s level at around 60 bln rubles (Part 2)Vimpelcom Ltd forecasts capex for its Russian subsidiary, OJSC VimpelCom (RTS: VIMP) in 2012 at the same level as last year, Vimpelcom Ltd’s general director, Jo Lunder, told journalists on...
Alliance Fiber Optic Products falls 0.1% on low volume for a second consecutive day, a two day fall of 0.4%
Alliance Fiber Optic Products (AFOP.O) fell 1.30c (or 0.1%) for a second consecutive day on Tuesday bringing its two-day fall to 4.0c or0.4%. Compared with the NASDAQ-100 index, which rose 50.6 points (or 1.9%) on the day, this was a relative price change of -2.1%....
Opnext selects Cortina’s 40G/100G OTN processors
Communications semiconductor developer Cortina Systems, Inc. says that Opnext, Inc. (NASDAQ: OPXT) has selected its CS604x and CS605x family of 10G/40G and 100G transport processors for Opnext’s next-generation optical transport subsystems.Cortina’s CS604x and CS605x devices are the latest generation of Optical Transport Network (OTN) processor...
Nexxus Lighting Class A rises 1.9% from 14-day low with Williams % R at -92
Nexxus Lighting Class A (NEXS.O) was up 1.9% from its 14-day low of US$1.04 on 09 March, 2012. Its Williams % R is -92. A reading of between -80 and -100 suggests it is near its 14-day low. This is defined as oversold, a bullish...
Bel Acquires Gigacom Interconnect AB
nterconnect AB, Gothenburg, Sweden, a leading supplier of expanded beam fiber optic technology and a leading participant in the development of next-generation commercial aircraft standards. Terms of the transaction were not disclosed. Noting that Gigacom will become part of Bel’s Cinch Connectors business, Daniel Bernstein,...
