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Technology Stocks : Ciena (CIEN)

CIEN 200.18

+2.0%

4:00 PM EST

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To: Steven Brunnert who wrote (83)	4/1/1997 10:55:00 PM
From: jim schmitt	of 12623

Steve, your thoughts are diametrically opposite of mine...such is Wall Street and investing. I believe Street EPS estimates are way way low.... I estimate 50% more for FY98 or over $1.20/sh. The stock is dirt cheap... premo of tech stocks.. and quarterly EPS reports over next 4-6 Q will be +. The market growth is enormous. On what basis do you believe the opposite? Do you have any industry knowledge?

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