|
CIEN
CIEN - Yup, beat on every measure one usually uses to evaluate
the quarter.....until the CC, when gross margins came under
question:
finance.yahoo.com/m/...s.html
So, I've caught a case of 'Jon's disease' - with a near sure
probability that I will have shares to option out again.
|
|
Still a win! Pocket the cash from the options, move on. Long
term I'm not worried.
|
|
Author:
|
breinejm
|
|
Subject:
|
Conference Call
|
|
Sentiment:
|
Neutral
|
|
Date:
|
09/06/19 at 8:46 AM CDT
|
|
Jon,
Yes, I'm not terribly worried either - altho, the margin on
remaining shares is pretty thin, and CIEN has a habit of retreating
post-earnings for what sometimes is a good while.
Just hoping that longer term, the disappointing margins, plus
their failure (the street sees it as a failure - is it a failure?)
to raise guidance, rather than re-confirm it, *might* bespeak
of what we're so familiar with in this sector - selling
equipment on the cheap, and making their money on the back end in
service and add-ons.
And the strangest thing happened - on some shares, I had a
strike of $41.50 that were to expire last Friday - and the stock
never got above $40.02 on Thursday - but in the wee
hours of the morning, someone bought some of those calls for
$41.50. Who? A dyslexic Chinaman? I dunno. I'll take it.
|
|
Author:
|
Jam
ok
|
|
Subject:
|
Conference Call
|
|
Sentiment:
|
Neutral
|
|
Date:
|
09/09/19 at 9:13 PM CDT
|
|
0
0
