and even the $0.18 seems to be the result of aggressive accounting.
There are so many better investments--longs should look elsewhere n tech. Optical is tough enough without having to survive on the scraps better capitalized competitors leave behind.
low margins, nosebleed valuation, inferior technology, competitors with bigger R&D bankroll---
$4.00 seems about right.
They are clearly not seeing the same order strength as Ciena. Also a technology company with sales of only roughly $600 million should be seeing gross margins much higher than the low 40's.
But then again with inferior technology, they have to compete on price.
Closing below $9.00 today.
however Ciena is growing their 10% off of a $2 billion base and already has margins at or better than INFN.
You're prediction of $14 is laughable.
Unless they guide higher this will find the $8's tomorrow.
whats the matter, you don't like being informed about negative research?
also your stupidity is showing again. "should be THEIR by tomorrow" really?
oh well at least you got the girly smiley face at the end. that's whats important.
fat and stupid is no way to go through life tracey.
your calls will expire worthless as INFN tanks after earnings.
Florida may be for old ladies with walkers, but the city of tamarac is for immigrants and others who seek a low cost place to live.
However you should keep praying for a relative to die and leave you some money so that you can live your dream--moving to Key West. you would finally live with folks like you. plus Florida may legalize same sex marriage soon, so things might just be looking up for you. Well until Wednesday anyway, when the excuses are made public.
You may have to upgrade that canoe of yours though. What works on the canals of south Florida doesn't work on the sea.
report dated 7/18/2014:
"INFN earns our Dangerous rating. INFN's accounting earnings overstate its economic earnings. We made 16 income statement and balance sheet adjustments to convert accounting earnings to economic earnings in FY13 for a total value of $335 million."
16 adjustments for $335 million last year? No wonder their general council and Secretary resigned after just being hired last year. Looks like they will need a new assistant "cook".
This pos has $4.00 written all over it.
it very well could be that he didn't agree with the current revenue recognition policy. Many companies recognize revenue when the product is accepted and signed off on, not when its shipped. Maybe he didn't want to be around to face the music on a restatement.
He/she obviously feels we should take their word for it.
Since there is nothing to link to.
Sentiment: Strong Sell
sure, they can always hope for more business.
hope springs eternal.
and who can argue about TSIC's huge presence here in North America? Or bullish press releases put out by the company?
You are hurting longs here by pumping this pos. Even here in the $8's, this is extremely overvalued.
thanks raging. however Infinera's bond sale will come in handy soon.
They will need to buy back their shares after they lower guidance next week.
its the only thing that will prevent the stock from trading at its fair value of $3-$4.
actually he is right. The DTN-x is being replaced as the Teliasonera network is built out and upgraded.
Watch what happens when INFN gives their guidance on 7/23...you'll see.
now why would a contract that was won by a competitor have anything to do with a '14 cent pop' a week later for said competitor?
As for their upcoming earnings release, it will be about the forward look.
and with an increase in inventory last quarter, and now the loss of a large customer, it doesn't look good.
please don't scare him away. Idiocy like his is rare. We first need to find out all his positions, then take the opposite side of the trade.
a couple of things lovemoney,
1. How is the Ciena short from $18 coming along?
2. Have you EVER been right ?
I know nothing about AA, but I will buy 1000 shares tomorrow am, simply because of you.
Sentiment: Strong Buy
if your own research consists of a "lightreading award" and an analyst at a firm with questionable ethics, then I would say you haven't done any.
careful your canoe doesn't capsize in the lake tomorrow. depending where you are that could be dangerous.
I agree with your slow death prediction. Infinera lacks the scale, r&d budget, and technology to make any inroads into large carriers. If they are not bought out by someone this company will continue on for the sole purpose of employing people, doing just well enough to stave off extinction.
But not mattering at all. $3-$4 share seems about right. See EXTR as an example.
he could have easily sold his options and used the proceeds to buy either more long term dated calls or have the stock put to him at the lower price. He chose to sell and walk away. Fact is he didn't want the stock.