Infinera Corporation provides optical networking equipment, software, and services to communications service providers, Internet content providers, cable operators, and subsea network operators worldwide. It offers digital transport node (DTN) platform that utilizes photonic integrated circuit technology to enable digital processing and management of data to generate wavelength division multiplexing (WDM) wavelengths and to add, drop, switch, manage, protect, and restore network traffic digitally; and for use as submarine line terminating equipment node in submarine transport applications. The company also provides DTN-X platform that integrates approximately 600 discrete optical functions and delivers a step function enhancement in network economics; line systems, which provide the management communications channels between network nodes and allow customers to manage and utilize the capacity on network; and ATN platform that extends the digital optical network architecture benefits of the DTN platform, and used as standalone WDM access systems. In addition, it offers IQ Network Operating System, an embedded software operating system for the tasks customers perform to deliver, differentiate, and manage services; and management suite, a set of standards-based network and element management tools and operations support system integration interfaces to manage DTN, DTN-X, and ATN platforms. Further, the company provides technical support services for hardware and software products, installation services, spares management, first line maintenance services, on-site technical services, professional services, product technical training, and extended product warranties. It markets and sells products and related support services primarily through its direct sales force; and through distribution or support partners. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.
Yes my foxies, our featured stock is Ifinera Corp. (NASDAQ: INFN) picked by-
If jgknot had plunked down a grand, it would be worth $1,408...not bad.
Scruffy rolled large(which is really how you need to play these spec stocks)
$240,400 into $338.400.
I can see what jgknot is going for here, this is actualy a really good spec play. Without a dividend and the numbers looking so awful right now, I would have to take a pass. (also factor in the fact that I can't explain what they do in a few sentances).
That being said I've placed an arbitrary price target of $12 on this stock. Just like the major analyts I use a system of meditation and self medication for all my prognostications.
STAY FOXY MY FRIENDS>>