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Technology Stocks : Ciena (CIEN)
CIEN 201.46+2.9%Nov 6 4:00 PM EST
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To: James Fulop who wrote (7841)12/10/1999 7:37:00 AM
From: Rustam Tahir  Read Replies (1) of 12623
 
Looks like they beat estimates by a penny. That's disappointing, as I think the market was looking for something
better. Some analysts have trimmed their future estimates, according to Louis Navellier on CNBC this morning. Rev
growth was good, however.

The COO on Squawk Box came across pretty good, emphasizing CIEN's complete suite of products, especially core
director. Thinks it will be a hot item since it will address a need while reducing cap ex costs.
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