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Technology Stocks : Ciena (CIEN)
CIEN 268.24+6.5%Feb 2 4:00 PM EST
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To: Steven Brunnert who wrote (475)7/2/1997 11:29:00 AM
From: Sam Citron   of 12623
 
Steve, You are right. They have got an incredible incentive to surprise the street positively. "Apres ca, la deluge," as they say.
I'd look carefully at revenue recognition issues and R&D spending. Maybe now we know why they are spending so little on R&D now!
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