<p>OT - SKH - Yup - AMZN, Alphabet (nee GOOG), and MSF are flying after earnings. (I still don't like MSFT, even at this multi-year high. Tried to install a game last night, and it took about 1/2 hour as it auto-installed (no choice) DX again, and googled the explanation and game co said it's not DX that MSFT insists on reinstalling, but some obscure physics software component, as it want to make sure that you install their....blah, blah, blah. MSFT's 'free to upgrade' Win 10 is pretty much about locking customers into a 'licensing' fee every year, eventually, as well as forcing all updates down your throat. In the past, MSFT's 'updates' have made critical programs of mind unusable, and it took a lot of research to figure out what was the 'offending' update...just sayin' I don't think they've changed their stripes, just their 'monopoly with a human face' image campaign.) ZDnet has an article that is very favorable to the idea of AMZN's AWS service being disruptive to IT models and a 'profit horse'.</p> <p>But what I wanted to note was this: I recall Nsthil pushing Sketchers - and indeed, it rose from something like $40/sh. to about $120 or so. They missed numbers in their CC and today the stock is down *35%* !!!   I can't recall the last time I saw that kind of plunge in a mainstream, established company. Maybe a lesson in where speculative growth can lead if it doesn't materialize (China sales cited as one problem.) It's what leads me to examine CIEN calls ahead of earnings, rather than INFN. I think the expectations bar for INFN is quite tall, and while mgmt. provided strong guidance going forward from the last CC, that integration of their buying Transmode and  its hardware/software assets has to, as has been said before, have some cost effects before profits start to emerge from the deal.</p>