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Technology Stocks : Ciena (CIEN)
CIEN 230.34+9.3%Dec 19 4:00 PM EST
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To: bodie who wrote (10433)2/17/2001 5:56:29 PM
From: jghutchison  Read Replies (1) of 12623
 
Bodie,

Are the inventories stockpiled components that are awaiting fab into systems, or are they backed up systems waiting for a customer? My understanding is that Ciena can barely meet demand. Didn't you see the announcements that Ciena are hiring 1800 new staff while Nortel are axing 10,000?

Jack Hutchison
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