Avanex Posts Q2 Results

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whyiswhy 12/5/2012 | 4:06:53 AM

re: Avanex Posts Q2 Results Jo,

OK, gross margins in the second quarter were 7 percent, 2 percent better. At 2% per quarter, and needing to get to say 30% to have a net to report, that means at least 10 more quarters.

I don't see how the cash can last my friend.

-Why

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