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Author:

LongTerm CapGains

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Date:

03/10/17 at 5:35 PM CST

 

 

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Reply to:

MSG`#4209,`03/10/17
By LongTerm CapGains

 

Re: Wells Fargo rates CIEN Overweight

Nokia has finally perked up.  I believe that what I expected to happen earlier, much earlier, has started to happen.  True to form, I was too early in this investment, however, I continue to firmly believe that the long term story is intact. I continue to be very heavily invested in it, I added some 10K shares, starting around $4.30 and as recent as low $5s to what was already a large position.  The overall industry is now in much firmer grounds.  Ericsson's CEO has now stated he is concentrating on margins, what this means is that the price wars of last year are now in the past. This is yuge, LOL.  Seriously, it is huge, this sets the tone for a normal industry rather than one distorted by a desperate player, trying to preserve market share.

 

Fix 5G wireless may give wireline in the access network (neighborhoods or last mile as it is also known) a true run for its money.  I foresee wireless eventually replacing all wireline in the access network.  It makes perfect sense and will be much cheaper to maintain.  

As such, Verizon, Comcast (and all the other cables networks), AT&T will over the very long term switch their TV and Internet access networks to fixed wireless.  

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