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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

06/07/16 at 2:46 PM CDT

 

 

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Sentiment:

Neutral

Reply to:

MSG`#3748,`06/07/16
By Jam ok

 

Re: OT - net and EA

Re INFN:  There is a lot of congestion around these levels, the stock has bounced up around 15% from the lowest point, so I believe it could be digesting the gains.  That said, while the chart has looked awful all year long up until one month ago, it is mending and I believe it should overtake this level as more good news arrive.  I too think the beating was waaaaay over done, as you know I am in the camp that thinks that fair value right now is $18-$19, long term (3 years) much higher (back into mid to high 20s), but that is on management executing well and consistently.

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