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Strategies & Market Trends : The New Economy and its Winners

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To: bob zagorin who wrote (42987)6/17/2008 9:51:08 AM
From: bob zagorin  Read Replies (1) of 57684
 
Recommendations story about INFN from SMH Capital
After Infinera lowered its 2008 revenue guidance, SMH Capital lowered its target to $14 from $15, and decreased its estimates. However, the firm still believes the company can increase its revenues 25% in the intermediate term while raising its margins, due partly to strong growth in bandwith demand, and its potential for Tier I wins. The firm maintained their Buy rating.
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