Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 214.35

+0.7%

Dec 9 4:00 PM EST

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To: Doughboy who wrote (5253)	11/4/1998 10:45:00 AM
From: sam	of 12623

"...he really made it seem like his business was sick, not making a strong statement about ongoing Worldcom business and repeatedly implying that Ciena's customer base is in transition." True. Business isn't very good. Lots of competition. Cramer's question about financing is particularly apt in that LU could easily "finance" a lot of business away from CIEN in this environment. That's one reason why the stock was at 8 a couple days ago. But, at least in my opinion, honesty is a plus. Doesn't mean I'll buy here, but at least I'll believe what Nettles says in the future.

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