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Technology Stocks : Ciena (CIEN)

CIEN 178.17

+1.0%

Nov 21 4:00 PM EST

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To: MarkC who wrote (9807)	11/20/2000 8:25:29 PM
From: MarkC	Read Replies (1) of 12623

New Report from Dell'Oro yahoo.cnet.com The best part: Although most optical subsegments declined, the metropolitan optical market grew 37 percent during the quarter, showing evidence of the hot demand for high-speed network on-ramps in the nation's largest cities. No. 6 Ciena and No. 7 Cisco Systems, though smaller optical players, grew significantly. Their revenue totals were smaller to begin with, but the two companies also specialize in optical equipment designed for two of the hottest subsegments. Ciena, which develops technology designed to maximize the capacity of long-haul networks, generated 17 percent quarterly revenue growth. Cisco--with metro equipment from its Cerent acquisition--saw its revenue increase 25 percent over the second quarter, the study shows. Mark

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