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Technology Stocks : Ciena (CIEN)
CIEN 252.98-0.2%Feb 5 4:00 PM EST

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To: James Fulop who wrote (10285)1/28/2001 1:01:47 PM
From: James Fulop  Read Replies (2) of 12623
 
Ooops. That should read Qwest, Sprint and GTS for the three >10% customers. I was thinking of the previous year.

"Historically, the Company has relied on a limited number of customers for a substantial portion of its revenue. During fiscal year 2000, Sprint, Qwest Communications and GTS Network Ltd. each accounted for at least 10% or more of CIENA's revenue and all three combined accounted for 60.9% of the Company's fiscal 2000 revenue. During fiscal year 1999 Sprint, MCI WorldCom, and GTS Network Ltd. each accounted for at least 10% or more of CIENA's revenue and all three combined accounted for 46.2% of the Company's fiscal 1999 revenue."

biz.yahoo.com
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