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Technology Stocks : Ciena (CIEN)

CIEN 194.70

+9.2%

Nov 24 4:00 PM EST

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To: James Fulop who wrote (8886)	5/17/2000 7:16:00 AM
From: James Fulop	Read Replies (1) of 12623

C&W (Ciena customer) out with earnings... >>?These results reflect the speed and scope of the transformation of Cable & Wireless over the last year,? Graham Wallace, Cable & Wireless? chief executive said in a statement. ?Our strategy and market focus are clear, to be a leading provider of Internet Protocol and data services for business customers. Everything we have done in the last year has been to implement this strategy,? Wallace added. The company?s capital expenditure increased by 52 percent to 3 billion pounds as it ploughed money into developing its global network and infrastructure and bought eight business Internet service providers in Europe.<< Full article at: cbs.marketwatch.com Original Ciena release for C&W: ciena.com

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