5g companies
Needham raised CIEN from hold to buy with a $65 PT - thus the
rocket up to $55-$56 level. Fock. I was going to buy back some of
my shares if I could get it around $52. Good luck with that.
Also, (and I'm just parroting here) Needham likes INFN, saying
that may have an inroad with Verizon at NOK's cost, "We think
displacing the stumbling NOK product is likely, as NOK does not
have a strong 600g product, and doesn't have a roadmap to 800G."
Not sure what that means exactly, both NOK and INFN have been
gaining strength over thesse past many months.
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