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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

02/15/18 at 12:36 PM CST

 

 

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Sentiment:

Neutral

OT - CIEN

OT - CIEN - announced earnings date as March 6th, before the bell. Worth keeping an eye on the calls, as they are more often than not outsized specifically for earnings. My amateur opinion is that we may be coming in the next months for a rise in the stock price - I believe they are a major supplier to American telecom(s? - ATT, I think.) And the telecoms and ISPs are talking capex spending, finally. Delivering it is different than promising it, but 2019 may well be the year when pocketbooks open, and we could see price appreciation ahead of it, and in anticipation of it. But the sector is so crazy (geez, my lowest cost INFN is above water), predictions mean little.

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