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Technology Stocks : Ciena (CIEN)

CIEN 195.76

+7.0%

Nov 5 4:00 PM EST

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To: FJB who wrote (12547)	12/13/2012 7:35:25 AM
From: FJB	of 12623

Business Outlook for Fiscal First Quarter 2013 Statements relating to business outlook are forward-looking in nature and actual results may differ materially. These statements should be read in the context of the Notes to Investors below. Ciena expects financial performance for fiscal first quarter 2013, a quarter in which we typically experience seasonal reductions in order volume and customer deployment activity, to include: Revenue in the range of $435 to $460 millionAdjusted (non-GAAP) gross margin percentage in the low 40s rangeAdjusted (non-GAAP) operating expense in the high $180s million range

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