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Re: CIEN earnngs
On INFN, it is selling for such a low valuation, pretty much at
levels as if it were going under. I truly think that on any
decent news the stock can pop back into the 5s. That said,
this is just a hunch and with INFN no hunches have worked all year
round, it has been pretty much all downhill.
NOK is most definitely got much better prospects. True,
management has failed to set expectations correctly, but the 5G
cycle is starting and that will be an incredible tail wind.
Then the US government is most definitely pushing all allies to
drop Huawei, and having a great deal of success in doing so.
What that means is that the bigger countries in Europe, Japan,
South Korea will be divided between Ericson and
Nokia.
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