I am beginning to think that INFN may be a take over target, no
basis for this, just the fact that they sit on great tech that is
making revenue surge. CSCO and JNPR still seem like the best
fits
On NOK-ALU, just the fact that there are no immediate catalysts,
i.e. typical market, if there is no money to be made in the near
term (read right this moment), it just lingers. More so given
that the deal will not be completeed for another year.
That said, these are IMO the opportunities the market presents.
I plan to wait to accumulate, it is nearing my target of low
3.60s, but tend to think that if the market remains weak/hesitant,
it may reach the 3.50s, maybe even the low 3.50s, the 200 DMA is at
2.49. So, before I start to add, I will take the pulse of the
general market.
Anyhow, don't go by my weak technical analysis knowledge, I am
not exactly a guru. Still, if it gets there I will
start to add.