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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

04/28/16 at 10:10 AM CDT

 

 

READ: 5

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Sentiment:

Neutral

Market punishing INFN brutally

So with the reduced guidance range for the current quarter of $250M to $260M, which is still higher than last years Q2 revenue of $207.35M or still revenue growth of 20% at the low end of guidance, the stock is being valued as it was two years ago when the Yearly Revenue topped $554M, compared to the $1B it is likely to bring in this fiscal year even with reduced guidance.

Technically speaking, it has filled the GAP ups of the last two years.

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