Bullboard - Stock Discussion Forum Finisar Corporation FNSR

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Finisar Corp is a California-based provider of fiber optical modules and components that are used in data communications and telecommunications. The company's only reportable segment is optical subsystems and components. Optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables that provide the fundamental optical-electrical, or optoelectronic... see more

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Finisar Corporation > NetWisdom spinoff

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Post by investology on Jun 22, 2008 3:25am

NetWisdom spinoff

(Source: TradingMarkets.com, June 18, 2008)

<https://www.tradingmarkets.com/.site/news/Stock%20News/1693302/>

"Dublin, Jun 17, 2008 (M2 PRESSWIRE via COMTEX) -- IBM | Quote | /charts.powerratings.net/prcharts/?src=prchartl&sym=IBM");">Chart | News | PowerRating -- Finisar, a provider of fiber optic communication and test and measurement solutions for high-speed networks, announced that it had completed a transaction whereby it spun-off certain assets of its Network Tools business associated with its NetWisdom business to an investment group of storage and software sector veterans."

The financials of this company are not positive, and the company is headed into a further troublesome situation, given investor expectations.

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