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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Greg h2o who wrote (33854)6/28/2001 9:24:10 AM
From: Greg h2o  Read Replies (1) of 42804
 
8:39AM CIBC on Opticals : CIBC World Markets says investors should recognize that legacy
voice is a dead-end and focus instead on next-gen optical networking; initiates Ciena (CIEN 39.09)
with a BUY; analyst notes that his FY02 estimate of $0.78 is well below the $1.06 consensus as he
believes margin pressure will continue (cites recent CORV contract with Q), but nevertheless sees
CIEN as a long-term winner. Also starts ONI Systems (ONIS 25.00) with a BUY and Sycamore
(SCMR 8.59) with a HOLD.
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