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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

05/05/17 at 7:02 AM CDT

 

 

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Sentiment:

Neutral

INFN Earnings

It will take another quarter for INFN to start growing revenues.  

lt cap, 

Haven't done my home work, as the only thing I've checked is INFN's 5% slide today. I expect they messed the bed. $9.50 seems to be downward resistance IIRC, as they've bounced off it a couple times. I keep rooting for the stock to get back to $8.50 where it burned me badly after which it rose (well, okay, I take personal responsibility for having made the wrong choice), but I keep thinking if it gets there, I have to decide whether to buy it back, or whether buying it back is like spending money to buy a hotdog that's been burned and blackened twice. Seriously, when you give a timeline on your best estimate on when they turn this thing around, I listen - I'd think a really nice quarter might send it soaring - how much bad news has not been priced in at this point?

As is everyone, I'm terifically happy that NOK is not only moving, but moving up by significant amounts. I can't see what is driving the momentum, I know that Suri promised to clean house and have the synergies of the Alcatel acquisition start to kick in. Whatever it is, keep it up. 


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Author:

Jam ok

Subject:

Off Topic

Sentiment:

Neutral

Date:

05/05/17 at 12:36 PM CDT

I tend to agree with you that $9.5 appears to be support for the stock.  Lets see if this is true over the next few days.  INFN had a so-so quarter.  It met on the bottom line and slightly exceeded on the top line.

The disappointment was on guidance, specifically the fact that it will not start growing revenues until the second half.

However, I truly believe that the company will grow revenues quite well in 2018. The product road map is now on a solid path and it will be predictable, something it has not been able to do in the past.

I believe it's stock price can do quite well over the next two years.


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

05/05/17 at 5:26 PM CDT

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