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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

11/07/17 at 11:58 AM CST

 

 

READ: 3

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - Finistar, networking

OT - Finistar, networking - Finistar losing 3% and hitting 52 wk bottom on Goldman Sachs lowering rating to 'neutral' from 'buy'. But GS also cut the whole sector from attractive to neutral, based on exactly the same reasoning and conclusion about capex drought and lack of growth until G5 that had been posted here long before they saw the light. INFN to report tomorrow. Hope they don't bring down the whole sector into another drubbing. Can't think of why it's been behaving so well of late, except part of a 'dead cat bounce' that, if that is the case, can be interrupted by any new diappointing news.

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