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Re: INFN
Earnings
Jamok,
The company will do exceedingly well, unfortunately not this
year. However, the stock has been punished beyond reason,
more so considering the great prospects starting in 2018.
Regardless, the market is what it is.
The stock is in oversold territory, it should bounce towards the
high 9s or low 10s, from these deeply oversold levels. With the new
products, I would not be surprised if the shares reach the mid
teens before end of 2018
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