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Technology Stocks : Ciena (CIEN)
CIEN 238.36-0.3%Dec 30 4:00 PM EST
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To: jhg_in_kc who wrote (11065)5/23/2001 12:23:49 PM
From: Rustam Tahir  Read Replies (1) of 12623
 
I recall reading someplace that the ATT contract was $50 million, so he isn't alone in that estimate. My guess is that since the contract was announced so close to earnings that the $50 million was probably included in the guidance. Especially since it is so small. However, many other people believe that this is merely an initial contract that will lead to more and bigger ones down the road. CIEN has probably not included those in its guidance. Considering the past relationship of ATT and CIEN, this contract is very special and significant.
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