Apparently (can't copy and paste) INFN's recent CC as well as other players in the sector raised concerns that business is very 'soft'. I 'get' it - lt - you're looking over the longer term - at least a couple quarters, I'd think, and betting that the new equipment may not be boffo, but not all that far from it. Still, why take today to crash and burn. Can't find a specific story.

It would've been wise to write some $25 calls on CIEN a couple of days ago. That, also has gone south. Damn.