Once again a strategy of owning a stock comes into play on a day like today. Mine is simple. I have been long since joining the company in 2001 and buying my stock years before the company went public. I have added but never sold a single share. My price to start to unload ~ 25% of my holdings will be at ~$30. Not sure when this will happen but it will. Having a market cap of around $3.5B is not out the question. It easy to see how people may have bailed today but again if you stick to your belief in INFN a day like the is tough but certainly not a time to sell. GL to all longs.
tracy your comments and opinions on INFN are worthless. I remember when you thought the stock was worthless.
Well todays not a great day to be talking about how much growth the stock has. Not sure why the big drop but regardless its still disappointing.
Hope you are right but the way the overall global economy does will have alot to do with were anything goes. That concerns me much more at this point.
On September 10th, 2014 CIEN was $19.40. Today it is a few bucks more. What a performance stock. See you don't need to downgrade CIEN it's already been downgraded in the eyes of investors for the past year. Congratulations stinker.
NEC to but? What a true moron u r. You must have a third grade education mama's boy.
As per usual you forgot a few main points mentioned in the press release. I wouldn't be so certain of CEIN position. INFN has no fundamental issues like the ones mentioned below. A GS analyst is simply providing an opportunity to get his clients in on a lower price point. Beyond that INFN is sound and solid. Time will tell and the winners will shake out in the end. Now read the rest of the story.
1. "Compared to other companies in the Communications Equipment industry and the overall market, CIENA CORP's return on equity significantly trails that of both the industry average and the S&P 500".
2. "42.93% is the gross profit margin for CIENA CORP which we consider to be strong. Regardless of CIEN's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, CIEN's net profit margin of 3.91% is significantly lower than the industry average".
3. "The debt-to-equity ratio is very high at 7.19 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company".
It is what it is. This stock has a bright future. Traders will trade and investors will hold. They do their job and the smart money simply ignores short term swings.
Agreed. My wife has worked at JNJ for over 25 years. With stock grants and annual stock RSUs in addition to her bonuses and three stock splits over that same time period we continue to accummulate and hold. The dividends have always been a nice plus each quarter as well. As much as I wish the stock was higher, getting in on some lower priced dividends is always a great opportunity. JNJ is stable predictable. Not a high beta stock but thats OK. It's like holding a diversified Mutual Fund.
Me too. HAHAHA. Right. Don't even compare the #$%$ CIEN sells and the technology rich equipment INFN has invented. To this day it has never been duplicated after 10+ years on the market. Keep buying off- the-shelf commodity parts and cobble your #$%$ CIEN.
So CIEN reports a dismal unforgettable quarter. Oh well back to th drawing board. They have 3 months to come up with more excuses as why they can't grow revenue in a market that is exploding. I guess if you build #$%$ they will delay and buy from INFN.
only time will tell if this lasts. That price target of $30 isn't going to happen with zero rev growth. CIEN stuck in the mud between $21 and $23. Too bad. Sad stock really your_stupidity.
Strongest miss. I am sure you all bought on the morning dip becuase you believe in CIEN so much. Doubt it. Probably crying all morning. #$%$ all.