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Optical networking hardware vendors Infinera (INFN +2.7%) and Ciena (CIEN +1.6%) rally after...

Optical networking hardware vendors Infinera (INFN +2.7%) and Ciena (CIEN +1.6%) rally after William Blair starts coverage with an Outperform. Shares of both companies have soared over the last 3 months, fueled by strong earnings reports (I, II) and expectations of a surge in 100G transmission system deployments. Infinera's Q2 report arrives on July 24.
Comments (1)
  • pat45
    , contributor
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    Neither INFN nor CIEN make money. Both loose about $1.00 a share. Wow..maybe get to break even in afew years on an adjusted basis (not real earns). CIEN has no money..in fact is in debt by $3 per share. I would not buy either of these stocks...bet we see stock offerings from both soon.
    17 Jul 2013, 11:02 AM Reply Like
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