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Technology Stocks : Ciena (CIEN)
CIEN 203.90-2.8%Dec 17 4:00 PM EST
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To: jghutchison who wrote (9309)7/6/2000 6:58:13 PM
From: jghutchison  Read Replies (2) of 12623
 
Whenever one buys or sells a house, the first thing one does it run the comps. Same thing with stocks.

For those who are interested, here are some comps. Figures are Price/2000E Revenues, per DBAB May 2000 Optical Networking report.

Avanex........................80X
Ciena.........................16X
Corning........................7X
E-Tek Dynamics................31X
JDS Uniphase..................33X
SDL Inc.......................35X
Sycamore Networks.............63X

Draw you own conclusions and go from there.

Jack Hutchison
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