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Technology Stocks : Infinera
INFN 6.6400.0%Feb 28 4:00 PM EST

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To: Tartuffe who wrote (3629)6/5/2018 9:11:39 AM
From: FJB   of 4443
 
The efficiency target unveiled when the takeover was first announced was to realize a total of $975 million in annual cost savings, including about $850 million in operating costs and $125 million in capital expenditure.
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That is not a huge drop in capital spending. Wish they would actually start buying again...
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