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Author:

Jam ok

Subject:

Off Topic

Date:

06/24/16 at 2:43 PM CDT

 

 

READ: 3

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Sentiment:

Neutral

ot - magnitude

<p>OT - I think I really do fail to see why optical networkers are some of the hardest hit sectors.  INFN sub 11 blows my mind. The best reason I can think of is the worries about global growth, one among many fears of the Brexit. NOK and INFN are getting fairly crushed. CIEN less so. Makes me think that *maybe* CIEN only get s 6% haircut is that they have a large footprint with NA telecoms, and most everything that is America based, rather than international, companies (e.g., VZ, ATT) are some of the best performers today. No way I can see to figure 'fair value'. If NOK was at $5.20 yesterday (but without good reason) I'd be DCAing my way to lower cost.  Sitting on my hands so far.</p>

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