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Re: INFN
Earnings
I tend to agree with you that $9.5 appears to be support
for the stock. Lets see if this is true over the next few
days. INFN had a so-so quarter. It met on the bottom
line and slightly exceeded on the top line.
The disappointment was on guidance, specifically the fact
that it will not start growing revenues until the second
half.
However, I truly believe that the company will grow revenues
quite well in 2018. The product road map is now on a solid path and
it will be predictable, something it has not been able to do in the
past.
I believe it's stock price can do quite well over the next two
years.
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