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Technology Stocks : Ciena (CIEN)
CIEN 204.21+2.0%Nov 28 4:00 PM EST
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To: jghutchison who wrote (9710)10/24/2000 5:13:32 PM
From: cfoe   of 12623
 
Jack - I agree about the transition from old telecom equipment to new optical equipment. Am listening to NT call right now and their big slowdown was in traditional voice equipment.

They did also say something about optical lead times coming back down to normal, so there was some decline in optical revenue growth, but I did not get all of this. will be listening closely to the Q&A. This may be what is panicking people in after-hours with JDSU and CIEN.
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