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Re: INFN aquires Swiss
company to better serve Metro market
INFN is growing at a rapid pace, over the past three years
(2012-2014), revenues have grown from $438M to $668M or ~50%, and
it is projected to generate revenues of $914M in 2016
or about100%+ in a 5 year period. At a forward multiple of 26, the
stock is frankly not expensive, I would say it is fully priced at
these levels.
On a different note, ALU had a great day yesterday, it closed
above the $4 level, its previous resistance, its next PT is around
mid 4s. On a long term basis (2 to 3 years). I continue to
think the stock will reach $7 to $8
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