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Technology Stocks : Ciena (CIEN)
CIEN 257.30+4.0%Jan 28 4:00 PM EST
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To: chojiro who wrote (11517)9/6/2001 10:58:56 AM
From: Boris Reynov  Read Replies (2) of 12623
 
chojiro,PE 135 is based on the last year earnings. Actual PE (not projected), even if the fourth quarter gives you zero earnings, is below 30 now. If CIENA meets its target then in three months PE based on current stock price will be below 20. As CIENA employee I can not participate much in your discussion, but the actual numbers to calculate PE are all on the public domain
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