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Re: INFN aquires Swiss
company to better serve Metro market
ot - infn - Jon - read about that INFN acquisition, but didn't
find what the new co brought to the table, so thanks. I find it
very hard, without commentary by those who appear to be in the
field (lt, xoboxo), whether the implied gains in revs, sectors
shares, etc. are immediate, or won't be seen for a while, until
INFN can integrate the new business properly. Im tempted, but it
seems rather dizzying its climb so far. But that may be an artifact
of perspective - we've sat so long and watched it struggle and fall
back, time after time, that at $19+, it seems overpriced - but is
it? Well, Wedbush, which has never liked that stock, moved up their
target to $18 and kept the 'neutral' rating. (Goldman, as I recall,
before the deal, took it down to at least 'neutral', while another
analyst yesterday (can't recall the name - sorry) raised the PT to
$25 and 'outperform'. Basically, it sounds great, but without a
guide as to what it means, and when, feels too dicey to play
with.
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