APPLIED OPTOELECTRONICS INC

Ticker: AAOI CUSIP: 03823U102 Class: Common Stock

KINGDON CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001000097)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 163,204 Value ($000) $2,628 Avg Close $19.83 Range $15.61 - $24.10

Q2 2014

Shares 354,900 Value ($000) $8,230 Avg Close $21.45 Range $15.52 - $24.58

Q1 2014

Shares 115,400 Value ($000) $2,843 Avg Close $18.59 Range $11.19 - $28.01

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	163,204	$2,628	$19.83	$15.61 - $24.10
Q2 2014	354,900	$8,230	$21.45	$15.52 - $24.58
Q1 2014	115,400	$2,843	$18.59	$11.19 - $28.01