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Author:

Jam ok

Subject:

Off Topic

Date:

04/10/15 at 2:24 PM CDT

 

 

READ: 7

RPLY: 2

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#2479,`04/10/15
By breinejm

 

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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