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Strategies & Market Trends : Ask DrBob
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To: longdong_63 who wrote (33679)5/15/2001 12:48:33 PM
From: Louis V. Lambrecht   of 100058
 
LD - CIEN earnings Thrusday

07:30 ET CIENA Corp (CIEN) 59.95: Lehman cautious on stock going into Thursday's earnings report. While firm expects CIEN to exceed top-line expectation by $10 mln or more and to reaffirm yearly sales growth range of 95%-105%, concerned that management will convey a more cautious tone than in recent qtrs when CIEN has beaten expectations and raised guidance; would not be surprised if management even suggests actual sales performance for this yr and next could end up at the middle to lower end of the current guidance range, which firm believes could lead to some modest downward pressure on the stock. (briefing.com)
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