mmeggs,
"Just to add my voice to the chorus... "
Your voice may be slightly out of tune here next to some of the other singers, but it sounds good to me, nonetheless.
TLAB and CSCO are not the only companies that could benefit from a CIEN, by the way. I don't know why folks are establishing artificial collars on the basis of suggested offering prices that some analysts themselves consider to be a wabbly proposition (e.g., TLAB... although I personally like them for a number of contrarian reasons), and on the basis of a company (CSCO) who has mastered the disciplines of partnering and outsourcing relationships to firms when the product or service in question was outside of their core competence.
On this matter of an artificial (market perceived) collar that some say should be the direct result of fundamentals entirely, how do we then account for the meteoric growth of concept stocks with no PEs at all to speak of? Someone mentioned AMZN as an example. I mention concept stocks for a reason, because CIEN is just now emerging from what was very recently considered to be one.
The optical networking proposition is just now getting out of the nascent concept stage, in the cosmic sense. In CIEN's case they benefit from both the influence of this proven concept edge, as well as the fact that they possess an historical revenue trail behind it... one which, IMO, is perched to widen considerably, each day.
A weighted opinion which takes both of these factors into account [concept and track record] points very favorably towards not only CIEN, but to a number of its peers in the photonic networking sector, as well.
Comments welcome, and Best Regards,
Frank Coluccio |
