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Author:

Jam ok

Subject:

Off Topic

Date:

04/27/20 at 5:19 PM CDT

 

 

READ: 4

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#5075,`04/27/20
By breinejm

 

Re: Sold CIEN calls

Jon,

I didn't get to see the market until after the close. What the hell happened to propel CIEN to new highs? I'll try to do some searching around, but my idiot brokeratge

has no news at all.   Intel has indeed lost some market share in computer CPUs to AMD, although INTC's results suggest that either the damage isn't that terrible,

since the pie in itself in that sector is not growing. INTC has had terrible delays in shrinkage of their dies to 10nm. I believe they're close or at solving that, and as

die shrink go forward, the performance advantage of AMD's CPUs may become more negligable. And, as noted, INTC has become quite successful in shifting revenues

to the datacenter/cloud space.

I am amazed and clueless about what propelled CIEN today. And 'sellers regret' at the few lots I sold just the other day. Any clue? TIA.

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