As your humble resident Ignoramus, I thought I would ask the most basic of questions. First, though, a preamble:
Due to lots of good and thorough and disciplined and knowledgable folks on this board, plus our own Infinera Wizard Kevin, we now know a banana-boat-full of inside juice about Infinera the company and about a bazillion acronyms like PICS and ICPs and DCIs and WDMs and Cloud Xpresses. And all these things make it seem like Infinera is making all the right stuff to satisfy the ever increasing bandwidth demand.
The way too obvious question: When do we get revenues? As in, when do we get revenues that show Infinera the company is growing way faster than the stock price, and that the stock is undervalued? Yahoo is still showing a super-high P/E, in GAAP terms. When does the E get to increase substantially rather than theoretically?
Monkey’s not fishing for crystal balls here, but is fishing––banana picking, actually––for any sense of major tipping points and thresholds of revenue acceleration or proof of concepts not in theory, but in actual bottom-line financial SEC documents.
As in: are we six months away? Three years away? Five years away? How many more clients do we need before it becomes clear Infinera is eating the competitors’ banana sundaes?
Monkey has been with Infinera since 2009 and remembers when it had the most sophisticated technology. But that ended up meaning bumbkus because all of a sudden a different better technology was being demanded so a few years were lost due to needing to ramp up R&D again and on and on; Monkey was fooled into thinking best technology = immediate revenues. Obviously not so.
Therefore, to ye Networking Wizards: given the obvious explosion of bandwith demand and the confidence of the Infinera suits that they have the legit goods to offer the market, how long until the bananas ripen? Can we even begin to predict this? Monkey’s always willing to look long term to watch the 'naners ripen, but he’s not sure he’s got another five years left with Infinera before any proof of concept, cha-ching-wise.
And obvious apologies for the basic goober nature of this question,
Long INFN since 2009