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Technology Stocks : Ciena (CIEN)

CIEN 204.03

+1.9%

4:00 PM EST

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To: sydney who wrote (8006)	2/15/2000 11:44:00 AM
From: James Fulop	Read Replies (2) of 12623

>>The earnings are still negative only less negative that originally forecast by a penny or so...<< I assume you mean with the added acquisition costs as my understanding is that without them they were positive... >>Net income for the fourth quarter was $4.5 million, or $0.03 per diluted share.<< And for the year: >>For the fiscal year ended October 31, 1999, CIENA reported revenue of $482.1 million, compared with $508.1 million for fiscal year 1998. Pro forma net income for fiscal year 1999 totaled $4.6 million, or $0.03, earnings per diluted share, exclusive of merger-related costs.<< biz.yahoo.com Or am I misunderstanding something here? If so, please correct me. Thanks

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