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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

06/01/18 at 12:45 PM CDT

 

 

READ: 4

RPLY: 0

0

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Sentiment:

Neutral

CIEN - analysts

OT - CIEN - Doing this from memory - can't copy and past from brokerage acct news: CIEN - Cowen - upped price from $33 to $37.  Another lowered price to $30. And another lowered price from $30 to $27. Apparently, you can get any opinion you want on the stock.

INFN's weakness continues. Can one analyst hating the stock have this much effect? Is it true that their technology lags and they'll be relatively irrelevant for the 5g cycle?

Intel is besting 52 week highs as we speak. Can't imagine why - AMD's revived Ryzen line really is competitive - Tom's Hardware gives the nod to AMD's chips in most of their catagories - they concede that Intel has faster processors - but AMD's price makes them the value proposition. That's always been the case, but the gap is probably less than it has ever been.

Seems to me that Trump's inconsistency hurts the market even more than his bad ideas, such as unraveling the international trade network that has brought prosperity both here and abroad. One day American chip companies can't sell to ZTE and they're going out of business. The next everything has changed. I can't imagine why any foreign leader would take him at his word.

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