Late last week, Ciena (CIEN) reported a strong beat and raise quarter, enough to catapult the stock 20% higher on the week. The conference call was quite bullish. In particular, Ciena emphasized how 100G was one of the most important cogs within the new architectural build-out carriers around the world are aggressively investing in. Even European carriers have begun to upgrade their networks. Ciena's management team was particularly upbeat about 100G fundamentals accelerating into year-end.
With 100G's inflection point strengthening around the globe, Infinera Corp. (INFN) has positioned itself perfectly at the intersection of many important trends. Traffic growth and the increased need for more bandwidth will require investment in a next-generation optical network...
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