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Technology Stocks : Ciena (CIEN)
CIEN 252.05-0.6%Jan 30 4:00 PM EST

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To: Stewart V. Nelson who wrote (1093)12/12/1997 10:13:00 PM
From: Rajiv  Read Replies (1) of 12623
 
Most telecom companies reduce expenditure on new equipment
towards the end of the calendar year (among the reasons being
that this coincides with the holiday season - high traffic
period). What does that mean for a company which is showing
very little sequential growth (but continues to be priced as
a high growth company)

I do not see any positive news that can come out with reference
to CIEN over the next few weeks/months.

Regards
Rajiv
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