Tuesday, April 24, 2007

IIVI on the way down - I'm buying

I own a small position in II-VI, Inc., which I bought some months back at $24.17/share. The stock is down 18% this morning on lower guidance for the remainder of this fiscal year. I added to my position on this drop - got in at $28.41.

UPDATE - now down over 23%! Oh well, I bought a little early.

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