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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

02/16/16 at 1:10 PM CST

 

 

READ: 5

RPLY: 3

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Sentiment:

Neutral

OT - networking

<p>INFN is really getting pushed around, post CC - a high of $15.14 and a low of $13.90 - that's a lot of territory to cover. NOK seems straightening out - up now - a bit curiously,  ALU is advancing today more, in terms of percentage, than NOK is. I would expect that ALU's price may not be a factor, as I think NOK would keep the offer the same, and I wonder if there is some 'threshold' % of stock owned that lets them force a sale of remaining shares. Seems a bit heavy handed if so, but I really wouldn't know how that works for sure. At this price, NOK is yielding 2% div. - given that the idea is to wait a long time with this stock, that would be a nice steady stream (one supposese) as the years pass. </p> <p>CIEN has come back to life somewhat, altho shy of 20 still. I'd think INFN would be the next stock the market revalues appropriately, but then, I never thought I'd see it as a sub-13 stock. 52 week high is not far from double the low price today - and what's changed? Their CC was pretty good. Yes, there's the worry of 'slowdown', and perhaps they were overpriced above 20. But to lose that much market cap with really no substantive bad news? But historically, yes, this stock will drive you crazy is you ask 'why' questions.</p> <p>Also - OT - It hard for me to understand why Liongate (LGF) has been chopped in half. Yes, they're almost done with the 'hunger games' series, but they've made so many deals, with so many entities, it's hard for me to really understand why those synergies don't count for beans. High of ~40 and now sub 20? Sold 2/3 of a realatively small position in the mid 30's, but still.</p>

INFN has had wild swings.  I bought more in AH after the earnings were released, the company had a good quarter, it continues to grow 20%+ yet the market dropped its price down to the $12 level in AH, I bought more around $12.25, it was a gift, frankly.  

Re the market, I tend to think this rally lasts a couple of weeks, it needed a bounce, even if technical.  Fundamentally speaking, there are already stocks at very decent valuations, INFN and CSCO just to mention two.  However, I also believe this is not done trying to bottom, it could head lower.  Where? Maybe 1700s??


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

02/17/16 at 8:36 AM CST

One more thought on INFN:  Analysts said their Metro Networks product would pressure Gross Margins, that has yet to happen, furthermore, during this past CC, the company talked about gross margins reaching the 50% level in future quarters, that is damn good for a hardware company.


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

02/17/16 at 8:48 AM CST

One caveat, I did not realize the S&P had moved close to its 50 DMA, it is about 34 points below that as I write this.  I believe that is the level to watch closely as it has become resistance. 


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

02/17/16 at 11:56 AM CST

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