<best news I've read on CIEN> STRONG BUY RECOMMENDATION
IMO, CIEN has multi-years contract such as these from more than a dozen companies; with the Sentry OC192 product that they just announced, imo, CIENA will capture contracts that are bigger then these. ----------------------- Telecom Development (TD) Signs 5-Year DWDM Contract with CIENA Marks First Commercial DWDM Deployment in France
LINTHICUM, MD - June 29, 1998
CIENA Corporation (Nasdaq: CIEN) today announced that it has signed, jointly with CS Telecom France, a 5-year contract with Telecom Developpement (TD) of France to supply the MultiWave SentryÔ and MultiWave FireflyÔ dense wavelength division multiplexing (DWDM) systems for immediate deployment. TD is a subsidiary of SNCF (French Railways) and Cegetel, a major private French global operator. CIENA has shipped equipment for the first route supporting TD's Paris to Lyon link. Live traffic is expected on this route by early fall 1998, marking the first commercial deployment of DWDM in France.
"To meet the new requirements of businesses and the general public, TD has to upgrade its existing network to give us the extra voice processing and data transmission power needed to support new innovative services," said Marc Noblet, TD's managing director in charge of the network. "DWDM is one of the technologies that will help us to quickly achieve our goals. CIENA was awarded this contract based on its superior technology, product availability and market leadership."
................. |