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Technology Stocks : Infinera
INFN 6.90+3.6%5:20 PM ESTNews

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To: JCnieuwenj who wrote (3326)11/17/2017 9:37:32 AM
From: Tartuffe1 Recommendation

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JCnieuwenj

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My biggest takeaway was that Centurylink and LVLT have historically accounted for 35% of revenue, and they are confident that that revenue will come back- I interpret that to mean that they have had solid revenue growth that has kept revenue flat despite the disappearance of CTL/LVLT revenue. CTL spending, and getting the rest of the ICE 4 platforms to market are the biggest positives that will put INFN on track in the short term. Another point was made about the fact that they were ahead of the curve with telecos who were leading the way, but did not anticipate the leapfrog advance by ICP's which caught them off guard. INFN now has a solid roadmap to stay ahead. Another point was that they are well-positioned for huge new opportunities with Cable co.s with architectural changes that are underway in the cable industry......
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