Nice calls on the INFN. With your confidence and then even the cautious Jamok getting in yesterday, I pulled the trigger on 1K after that on yesterdays big dip. Just dumped it right now though since I'm not really paying attention to it.

Thanks, just lucky on the timing.  Congrats on taking profits! 

BTW, Wells Fargo upped their PT from $10 to $13

I added another 1K shares

lt cap,

While you've got your $4k shares in INFN, I'm looking to accumulate another 1k at the right price. Today's bungie jump may have provided just that. I'll see how things look tomorrow. It does remind me of the very large price springs this stock was routine for. An I infer that you may be in 'early', given that the rollout of new products and income will occur in 2018.

And Jester is right on in his observation that I am cautious (perhaps the less kind word is anxious) about going in (I hate getting burned twice by a stock.) But (it amazes me), we've been friends for more than 10 years now, I believe. I've dipped my toe in the water, and I may get in up to my ankles, esp. if it drops lower. (My 1k was bought in the $930s - lucky timing.) But I can see  that there's no that much downside, unless they can't manage what their buyers are and when they spend. And Fallon sounds more bullish than I can ever remember - althought he got it completely wrong on his bullish projections in the disastrous CC. I hope learned something about managing poor performance from that.

Tried to sell CIEN calls for June 16 stk 25, but my computer wouldn't cooperate. So neutral to up is what I need to benefit from tomorrow's CC before the bell.

Yes, I am early. However, the products all come out between end of this month and before year end, not next year.  The company has alluded to the fact that there is a lot of pent up demand (IMO this is due to the fact that CapEx budgets have been tight for many different reasons including mergers or because CapEx was directed at different segments of the biz).

I believe that to be the case, I do not think it is fluff or excuses on the part of management.  I am assuming that sales of these products will happen soon after release, it will not be a torrent of orders, but should accelerate into 2018.

BTW, these releases will refresh the entire product portfolio (Data Center, Metro, Long Haul and Subsea).  The new PIC modules will make them stand up among its competitors, IMO.

I reconsidered and bought another 1K shares yesterday. :-)

lt cap,

This is a response to a number of recent messages by you:

1. thanks for the exposition of the rationale to own INFN, esp. in terms of the timing of their products.

2. You dropped your previous limit of shares by buying another 1k. Why didn't I do that? Because I was thinking that I bough my 1k shars at $9.37, and after the bounce down, was hoping it might hit $9.50. But it has been almost a constance 'bounce up, bouce down for several days. I shold've know it would be on the 'bounce up' from yesterday's $9.70's prices. Maybe the opportunity will come again....but not likely because

3. CIEN came in with a strong beat and raised guidance. Yay! Whole sector on fire today - all boats lifted, CIEN is now in the black on my account. My NOK loss has been lessened considerably over the last month or so,, etc. The sector really needed some kind of good news, some sign that the sector spending was finally not as lean as has been the signs for a long time now. As I look at CIEN's price move, I'm seeing a 15% rise, unless my brokerage has it wrong. Astounding.

4. I own some PANW, and I'm a cople points of breaking even with their meteoric rise today. Talk abot volatiity! It touched the sky at $200, missed numbers and guidance and were 'massaging' their results, an the analysts took them below $110 not that long ago. I'm embarassed to admit I had no idea that there even was a CC coming up. If you don't own PANW, but came up with that news, I'm abashed.

5. Just maybe the sector may start/continue to see some relief and rise, if capex spending continues to deliver good results. All boats should rise, as they are doing based on today's news. Sector is en fuego! The NOK rise is especially welcomed - couple more 'chugs up' and we're in clover, after a cold and extended 'wait' period.

6. Jester has successfully done his trademark  short term 'buy and sell' on INFN. Kudos, yes. Glad my abandoning my usual stance of 'caution.' was a 'buy' signal, lol Glad I could be of service, :-)