10-26-2017, 11:11 PM
Nevertheless, those people in the industry who have direct access to our second blog by following us there, realized that we felt compelled to publish the following article the other day: “Mind-Boggling Amount of Ignorance About Optics on the Street?” It was a directly a reflection of a “very close to an obscene” valuation of Applied Optolectronics, which has been hovering around the $2 billion mark for a while, and in our opinion, has been spurred on by too many individuals influencing optics stock prices, who are disingenuous, unknowledgeable, or unwilling to make basic distinctions between companies. Even with the article, which was connected with that post, which made the case for AOI’s market cap being too high, we thought was based on a superficial analysis. The worst part of AOI’s present market cap is that it is more outrageous than even that of Acacia Communications about a year ago.