Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 230.45

+9.4%

Dec 19 4:00 PM EST

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To: Ibexx who wrote (11174)	6/19/2001 2:49:27 PM
From: Bob Myers	Read Replies (1) of 12623

Its hard to believe the way the market is overreacting to any news. I guess the NT, JDSU and JNPR warnings have given investors the shakes so bad that when an analyst adjust's forecasts by a couple percent, based on no actual facts but perceived market softness, they drop CIEN 10% in one day. I think this is a great time to back up the truck and pick up more CIEN because in actual fact there is no reason to associate CIEN with those named above. We should be looking at the last two earnings reports and they forward looking statements made by CIEN. I believe that CIEN will still hit $.76 this year and will continue to grow in excess of 50% in 2002. JMHO. Regards, Bob

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