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Technology Stocks : Ciena (CIEN)
CIEN 230.45+9.4%Dec 19 4:00 PM EST
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To: chojiro who wrote (10699)3/20/2001 5:22:14 PM
From: Daniel G. DeBusschere  Read Replies (1) of 12623
 
CIEN will grow if their customers have any money or access to credit-
That's the issue, the FED is crapping on confidence levels that allow current and potential CIEN customers to take risks and buy the best equipment (which CIEN currently has). CIEN can easily growth at a PEG of 1 if confidence is high and investment capital is available. Otherwise, it's a no brainer. The really very very good CIEN products and management team can easily fight the competition but they can't fight the FED. They just got a huge kick in the butt for all of their efforts.
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