Is there a penalty if WDC backs out? I would eagerly be buying WDC shares right now if the SNDK deal didn't hang like an albatross around their necks.
That is awesome. That means there is lots of room to improve operations, resulting in improved financials and a big rise in stock price.
If they ever did a good job business wise, they'd loot the shareholders out of any stock gains. Since they are doing a rotten job, they loot the shareholders out of their equity.
If that post was correct that these guys have some debt at 9.5%, they ought to use any available funds to pay that off, forget any special dividend.
Would love to listen to that if there were a recording. Checked earlier this morning but didn't see anything on INFN website.
Without knowing the technical intricacies, it probably boils down to the age-old choice: They could design new generation to be as seamless as possible transition from the old stuff, thus avoiding customers feeling they ought to hold off buying until the new stuff out. With the tradeoff being the new products not as optimum as they would be if designed from a clean sheet of paper.
Great presentation. That guy is as good as Fallon in making a very persuasive case as to factors why INFN can be expected to do extraordinary well down the road. I bought 1000 more shares today.
Once eskimo let me know to find it in "past events" (thanks eskimo) I was able to access it no problem.
That makes no sense whatsoever. The company now has the best of breed implanter products and is increasing market share.
What's holding them back is the questionable prospects for market growth in ion implanters in the coming years.
If they had been earlier with next generation products they would have somewhat more revenue now. But their market share growth prospects would not be as good, and the big elephant in the room, questionable future for ion implanters in general, would still be there.
In other words, if they hadn't "missed the boat" they would be pretty much in the same boat as they are now.
Definitely no one should look at it as a short term investment, but it is advisable to be in the stock now, because stocks often go up on anticipation of future events, and hence in the case of INFN if there is a very promising story on the market prospects of leading-edge PIC based metro products down the road, this could show up in stock price ahead of time.