TTWO TTWO
Board Highlights
Topic List Post New Topic

MSG # GO



Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

04/21/16 at 2:27 PM CDT

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - CIEN

OT - (Wish I could paste but I can't) - with CIEN testing its 52 week low at $16.63, I start wondering about buying more (ugh), as it has bounced in this area several times. (The chart is one ugly beast - hurts to look at it). However, read story from early April, when Nomura and BMO went bullish after talking with management. However, both said that CIEN needs and intends to get into the short haul DCI business, since their equipment is all? long haul opt net. I wonder whether the weakness is how such plans got disrupted by InPhi, or whether it's something else. I also wonder whether the market is expecting INFN to crash and burn on April 28th, so the whole sector is getting the fish eye. We shall see.

And, on IBD, there's an April 19th article about expectations of INFN's earnings (27th not 28th - my bad) - choppy is the word, with a tough comparison of last year's y/o/y (I think) of 433%. Also cited an analyst who called INFN 'way cheap' at $15, and put a PT of $22.50 on it. Article noted that neither INFN nor CIEN have basically found support here, so far.

Copyright 2014 All Rights Reserved; Patent Pending