From Ciena IR
Good Morning Mark,
Business Week has issued a correction on their mistake in the article "Equities: From the Bottom Up?". Here is the web link, and the correction itself:
businessweek.com
''Equities: Up from the bottom'' (Finance, Nov. 6, 2000)
''Equities: Up from the bottom,'' (Finance, Nov. 6) incorrectly stated that JDS Uniphase and Ciena had earnings shortfalls. In fact, JDS recently reported a fiscal first-quarter gain, and Ciena has yet to report its latest quarter
In terms of vendor financing, to date, CIENA's reported results reflect no vendor financing, although we have established relationships with several third parties that could facilitate financing should a future customer require it.
Let me know if you have any other questions! Genevieve
Mark |