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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

07/31/18 at 7:17 AM CDT

 

 

READ: 4

RPLY: 0

0

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RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4729,`07/30/18
By Jam ok

 

Re: OT - NOK, INTC, AMD

Jamok,

INFN has not reported yet, it does on August 7th, according to ETrade. This quarter is not going to be so so, I believe 2019 should see an inflection point for a lot of networkers.

Agree with the terrible performance of the stock, it is dismal.  They announced a purchase of Coriant, which was onwed by a Private Equity outfit that put together assets they bought from Siemens and the old Telabs.  I am not so sure it is or is not a good move, time will tell.  It is an attempt to diversify their portfolio such that they are not a one trick pony. 

 

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