INFN Earnings
It will take another quarter for INFN to start growing revenues.
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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:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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05/05/17 at 12:36 PM CDT
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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:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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05/05/17 at 5:26 PM CDT
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