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Infinera Corporation Message Board

byronangel 2 posts  |  Last Activity: Jun 25, 2016 12:06 AM Member since: May 17, 1999
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  • June 24, 2016
    Senators have reached a bipartisan deal to require labeling of genetically modified ingredients nationally, a week before a labeling law in Vermont goes into effect.

    The deal announced Thursday by the top Republican and Democrat on the Senate Agriculture Committee would require the nationwide labeling of genetically modified organisms, or GMOs, in packaged foods for the first time. But it would be more lenient than Vermont's law, allowing food companies to use a text label, a symbol or electronic label accessed by smartphone.

    The food industry has lobbied to block Vermont's law, arguing that GMOs are safe and the labels could be costly for agriculture, food companies and consumers.

    The industry's main lobbying group, the Grocery Manufacturers Association, said it is backing the senators' deal. The group has opposed mandatory labeling nationwide but advocated for electronic labels in negotiations.
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    From everything I see DMRC technology is ready to take off everywhere in the supply chain at any time now. This is just one more indication.
    Byron

    Sentiment: Strong Buy

  • I've been taking a break from posting because my work schedule doesn't allow the time for it. However, I did want to post that this morning on Squawk Box on CNBC, Raymond James retail analyst Budd Bugatch said that Wal-Mart now has 10 million SKUs for sale online. This means that once WMT goes live with DMRC technology, DMRC will be getting a total of around $50/share in revenues/profits from the manufacturers of these products. Putting a 10 PE multiple on this gives you a $500 share price.

    I will be posting very infrequently but am continuing to hold all my DMRC shares and it remains my biggest position by far.
    Byron

    Sentiment: Strong Buy

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