While I still live under the 'curse' of not being able to cut and paste, and I can't really vouch for the wisdom of the source (Wall St. 24/7), they put out an article today (on Yahoo news under INFN) that names 4 stocks they think will benefit hugely from optical buildout and similar areas of growth. Deutsch Bank's picks are highlighted - of course there's INFN in there - Deutch Bank's target is $28 while the street consensus is $26.XX.

But I've followed Corning for a while, thinking they might do well with their Gorilla Glass, given that regardless of matket, in most cases the number of cell phone keeps multiplying. That hasn't paid off, and I haven't invested anything, but continue to follow it. Deutch cited not only Gorilla Glass as a driver, but the optical cable that Corning sells as benefitting from optical buildouts. Currently selling for about $17.60, with about a 2.8% dividend, Deutch and consensus put target at 20 or above. as does consensus. So far, its 52 week performance is not terribly encouraging. Wish I knew who the competition for the component cable is, and how Corning stacks up against them. Would seem to be a logical deduction that as metro/optical/etc. infrastructure grows, so do the suppliers of basic materials to co's like INFN. But for all I know, optical cable may just be an interchangeable commodity, and Deutsch may be counting on general growth, rather than differentiation of price/performance as its thesis.