Hard to disagree with the most recent story concerning the failed breakout. I think it has little to do with the convertible bond holders and more with management's historical inability to string together two (or more) solid quarters. Short sellers and hedge funds have almost always done well selling the stock in to strength after one strong quarter. Looks like we'll need a strong July quarter to get the breakout. I think it will happen, just going to take longer.
Very frustrating -- the entire sector has been rallying since CIEN's earnings announcement but, since the one-day pop, CIEN has been trending down. I think this will reverse, just don't know when. Any thoughts out there?
Yahoo Finance insights- CIEN is up .16% to $25.42. You are a certified panty wetter. Might you also be an INFN bagholder too?
Clyde, I think you are calling out R2D2.
Yahoo Finance Insights
CIEN is down -4.91% to 24.96
Argus reiterates Buy, raises price target to $33 from $30. 6/2/20:
* "The company had its largest volume shipment quarter ever, and also had a book to bill ratio exceeding 1.0, signaling further growth ahead. * Although Ciena responded to positive results and above consensus guidance with a 15% spike, the shares appear undervalued based on historical comparables, peer group analysis, and discounted cash flow valuation." Raises F2017 earnings from $1.72 to $1.77.
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Beat & Raise quarter! Gary & Jim did it. Now lets take out the $26.50 top.
Book to bill > 1:1. Waveserver AI platform will be out this summer. Moylan said to expect strong order flow for the rest of 2017.
Deutsche Bank my #$%$ Money laundering for the #$%$, that is all you good for.Ah,and scamming retail investors by timely, yet unwarranted downgrades, in order to scooping up cheap shares from Joe & Josephine Average. Shame on you losers Vijay Bhagavath and Brian Mayday. Can have your (easy money) jobs?
Drexel Hamilton upgrades CIEN to buy from hold.
what do you think to buy?
$185mm in 2017 senior notes will be redeemed from cash in Q3. It will reduce shares outstanding by 2 mm in Q3 and 4mm in Q4. This will help earnings.
Will never hit all time high
Turd Brian Modoff downgrades CIEN to an hold !? I don't tweet, but you can reach the douche that way for more explanation, its @BrianModoff. Mr. Knowitall reeks in the big bucks from bully co #1, Qualcomm, as their executive vice president of strategy and M&A (no kidding) AND, somehow, is still an analyst for Deutsche Bank securities. He used to be a managing director at DB Securities from Mar 1997 – Oct 2015, go figure. Per TipRanks he has a measly 50% success rate covering stocks - so his move to scam QCOM was wise
7% yoy rev growth in North America. 56% in Asia! But China is our friend, so don't worry.
go ciena, but cisco have 17 years of problems. ...
Here in the rest of the world we have a saying, "Why do men in the south marry their cousins? It leads to idiocy". Point is Jimmy if you sold Ciena years ago, why are you here posting now? Now be a good little boy and head back over to the INFN board.
Jeffries raises Ciena target to $32.50 from $29---We'll see more of this target raising