Comments for INFN - Stockpickr! Your Source for Stock Ideas

Comments for INFN

Added By	Comments	Type	Date Added
BOOYA2YA	ipo with potential	Love	December 16, 2007
Barrons	From Barron's 7-16-07: "The fiberoptic resurgence that has lit the way for new public stocks in the past nine months is real. It's also fragile, and as a result, some of those stocks are running far ahead of the rosiest outlook for their businesses. Case in point: Infinera, which had a $182 million initial public offering on June 7. Its stock popped 52% that day and, at a recent $24.99, is up 27% since then. Seven-year-old Infinera (INFN), which started life as Zepton Networks, makes equipment used by phone companies to expand their networks' bandwidth. It has a promising future, with sales hitting nearly $50 million in the most recent quarter. And it's finally generating positive cash flow, despite continued net losses. But even with a dramatic rise in sales this year and next, it would be hard to justify the company's current 20 times multiple, based on price-to-trailing 12-month sales -- a valuation that seems to assume unreasonable growth in the fiberoptic market."	Love	July 14, 2007
Barrons	YTD Return: +106%	Love	June 30, 2007