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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

11/09/18 at 1:23 PM CST

 

 

READ: 3

RPLY: 0

1

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Sentiment:

Neutral

INFN

<p>As usual, have to work from memory, as I can't copy these stories:</p> <p>major analyst (Morgan Stanley? I think) upgraded INFN from 'underperform' to 'neutral', based on valuation. PT is $7 - or maybe that was amalgam of all analysts. I don't think so, as I</p> <p>thought the other day that all analysts had a $9 PT - but, as we know, things change quickly, and maybe other analysts haven't weighed in yet.</p> <p>The MS analyst said that INFN's success is based on how well they integrate Corian acquisition, and what products that integration produces. They also noted that INFN is burning cash like it's going out of style. I'm too 'frozen' to sell what value I've got left in the stock. But that last part sure sounds lke BK could be a real possibility if they don't get their act together before the </p> <p>clock runs out, no? And one might wonder - at this price, *if* they've got goods worth owning, a buyout would be tempting. My guess is no buyout - like the 'magic 8 ball' says: Answer</p> <p>unclear - ask again later.</p>

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