It is dumb for them to do a barrage of thumbs downs, when they do that we know they are bogus. If they just did a few thumbs down then for all we know it could plausibly be people who have actual legitimate arguments as to why they are pessimistic about INFN.
You'd think some company would take the current depressed stock price as an opportunity to acquire INFN at a reasonable price. However, tech companies don't seem to be value investors when it comes to acquisitions. They will buy high but won't buy low. During a market boom they will use their own bloated stock to buy the bloated stock of another company. But when the other company is dirt cheap and can be bought with donut money (think Cisco), they have no interest.
You can trade with other nations and still retain a policy of government by the people.
And Britain will be demonstrating that in the coming years.
INFN quarterly conference call 2pm Pacific July 27.
Rubber meets the road, s*** hits the fan, showdown at the OK corral, Judgement Day, day of reckoning, day we see whether the horse is out of the barn, the cat is out of the bag.
Was trying to remember, was this the company that was hoping to land business with Verizon as a tier 1 customer? Unless I got my companies mixed up, I recall discussion a couple years ago, that would be nice, although these days the other types of broadband customers are gradually becoming the more important players, wholesalers and the Google/Amazon types, I forgot what the generic term is for the latter type of company.
Lousy, your name conjures up an image in my mind of someone who lights his farts with a match but is not very good at thus achieving a "lousy burn" while still stinking from the fart.
Quarterly sounds good. I have bought a bit more Xcerra. One thing is I hadn't previously done my homework, I thought they were just a test handler company, didn't realize they make test eqt and in fact are the successor to LTX/Credence. They're no Teradyne, but then their stock price reflects that. At an enterprise value to gross profits ratio of something like 1.3-1.4, they seem like a great buy. Good balance sheet should help them ride out any downturns in the economy.
Best technology in the industry, proprietary technology that others can't duplicate. Potential for huge expansion of revenue when the PIC technology is integrated into metro products. In an enviable sweet spot to ride the wave of relentless expansion of optical transport bandwidth.
I don't know when INFN stock is going to make the big move but that day will come. Probably when a quarter comes along where several favorable factors all line up at the same time to result in a blockbuster quarter financially.
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.