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Technology Stocks : Infinera
INFN 6.6400.0%Feb 28 4:00 PM EST
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From: FJB5/15/2019 6:32:39 PM
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I know they missed estimates on results and guidance, but after reading that CC several times, there was no way that extreme of a drop was justified, especially from such a low level. Groove is on fire and they still expect GAAP profitability and positive cash flow by Q4. SMH... Trading at .43 X Sales is ridiculous.
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