Peppe,I think options expiration is holding the market and NN back today. Then there is nothing to excite folks right now including lackluster i-net stock performance whose shine has come off a little lately. Point is that what happened yesterday is no news, it happened before.And yet people continue to buy NN because they know that ATM is where the internet backbone is moving to and NN has the best.
There are many reasons why ATM hasn't fully taken off yet,that we all know about( I assume; at least I do, gg ).
Having answered your questions I hope let me ask you: can you tell me specifically when is CSCO going to start selling their first carrier-class ATM switch? what is it called? what are it's characteristics? etc. If you don't know and tell me, " they are working on it ", then I will understand and will ask no further questions,
TA
I'm afraid NN's woe's have little to do with market share, product superiority or even competitive advantages over CSCO. (all of which are debatable, btw)
Now the truth is out:the Emperor has no clothes.CSCO ditched their ATM switch.Now folks have to come to NN;they have the best technology.
Yeah, well I wouldn't mortgage the house on that one.
After Friday's options expiration, NN will be up smartly next week,IMHO
So, in your estimation, NN stock is being held back due to option expiration being a week away ? Will you sell when NN inevitably rises next week or are you holding long term ?
Good luck...
Peppe |