That's funny...CIEN is a house of cards ready to tumble on any weakness or doubt. $30 hasn't been seen for over a decade. Please stop dreaming.
Problem is as a stockholder INFN has climbed over 50% this year. CIEN 5% maybe. Now that is a BFD!!!! See at the bank foolish_clyde
For all the BS CIEN shareholders claim with their Tier 1 customers and all you'd think one year they would win an award for something from LightReading. On the otherhand INFN wins an unprecedented second "Company of the Year" Award. CIEN continues to ship 10 year old technology with low margin & low net income. It is amazing how far CIEN has fallen in the last 15 years. About 85% I figure. Once a $150 stock. Now $25. Huh!!! Pretty sad.
We even sell to Tier 5 customers as long as they pay and margins are high. CIEN Tier 1s own them and won't let them make money. How do make $600M and net so little. Customers that squeeze you for margin.
Not very impressive. A $610-$640 guidance. Who has a spread like that for guidance? Hell they can't even cobble a respectable guidance #. I was hoping they would have gone up a few $$ today. Since they are such a leader in Meto etc they could have lifted other optical companies today. They will be lucky to stay in green today. Come on little fella you can do it.
I have never shorted a stock in my life. In addition, you obviously don't know who you are talking about. A former employee at INFN beginning in 2001. Still own every share awarded. Far from short.
If I knew that I wouldn't be responding on a Yahoo forum. With that being said the pop today could be many things. However I am not in the camp that thinks it is based on a buyout. Tom F is not ready to give up control and is either is the board.
ERIC is not going to buy a loosing POS like CIEN that is dragged down by debt and quarterly losses. A 40% premium. What a joke.