If they run this company into the ground too badly they won't be able to loot it anymore. You can't squeeze blood out of a turnip.
The Swedish guy impresses me. Articulate, seems quite savvy both business and technology wise.
Should be good continuity since I believe he still has the same job, although integration of INFN's and Transmode's technologies will make change the task somewhat going forward.
If INFN is highly successful, a large part of the data transport infrastructure around the world will be using hardware that contains INFN PICs. Wonder if they have ever thought about building a 2nd PIC FAB. Would eat into profits a bit but might be a good idea as a long-term insurance policy.
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.
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.
Once eskimo let me know to find it in "past events" (thanks eskimo) I was able to access it no problem.
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.
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.
Would love to listen to that if there were a recording. Checked earlier this morning but didn't see anything on INFN website.
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.
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.