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Re: INFN
I just started reading the CC transcript. As it turns out
the company delivered a decent quarter relative to very low
expectations, however next year will be a tough year again.
This paregraph from the CC tells the tale:
"Third, there are signals customer CapEx could be weaker than we
had originally anticipated in 2018. This expectation is supported
by multiple industry analysts lowering their 2018 outlooks for the
DWDM market outside of China, now expecting overall growth in the
low to mid-single digits, with long haul expected to be only flat
to slightly up. I believe the growing trend towards disaggregation
is a key contributing factor to this outlook, as customers
increasingly transition to disaggregated architectures."
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