INFN has now dropped about 43% from its 52 week high, it is in ultra-high oversold territory.  Even if it were to deliver bad news, I gotta believe all of the potential bad news is priced in. 

Fallon, the CEO sold some 20% of holdings in early November, he had not sold anything since late April.  David Welch, the CTO stopped his periodic sales (twice a month) in late April also.  So I do not detect anything catastrophic coming. 

Assuming the projections are in the ball park, the company's revenue and earnings for FY16 give it a Price to Sales of just under 2 and a PE of 15 and change.  These projections assume better than 20% growth in each of these two items.

I added 1K more today