TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

05/09/19 at 2:06 PM CDT

 

 

READ: 3

RPLY: 2

0

0

RECS:0

Sentiment:

Neutral

OT - Chips

OT - Holy crap! INFN down 30% on poor outlook and CFO resigning, to about $3.60/sh. And I was bummed because INTC is down almost 5% again today. That's the lowest INFN has ever 

traded. I recall lt cap, a very long time ago, commenting that capex spenders in the sector need to know that whoever they buy from will be around for the next 10 years. I'd think that this 

blow-down might make that a self-fulfilling prophecy. At least one analyst lowered PT to $4-$6 range, which at least is above where it is now.

And except for the sector generally (Ericsson had a good quarter) performing poorly, I cannot fathom why CIEN keeps getting chipped away at steadily. One analyst lowered it from buy to hold a couple of weeks ago or so, but that should not be significant. CIEN has announced that their earnings call will be June 6th.

Copyright 2014 All Rights Reserved; Patent Pending