Ciena (CIEN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ciena (CIEN)

CIEN 230.03

-0.8%

Jan 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Geof Hollingsworth who wrote (1125)	1/16/1998 2:03:00 PM
From: ian	Read Replies (1) of 12623

This release is from today. Looks quite positive. Ian BancAmerica Robertson Stephens Initiates Coverage on CIENA Corporation SAN FRANCISCO, Jan. 16 /PRNewswire/ -- BancAmerica Robertson Stephens research analyst Tim Savageaux initiated coverage today on CIENA Corporation (CIEN) with a Long Term Attractive rating based on the company's leading technology which is driving transformation of the telecommunications backbone network. CIENA supplies Dense Wavelength Division Multiplexing (DWDM) optical networking technology to telecommunications networks. ''CIENA is at the forefront in shaping the emerging optical layer of the public telecommunications network,'' said Savageaux. ''We believe DWDM technology will have applications at multiple points in the public telecommunications network, lending open ended upside to the company's long term prospects as network bandwidth requirements continue to increase.'' Savageaux's EPS estimates for CY1997 and CY1998 are $1.29 and $1.50, respectively. BancAmerica Robertson Stephens is a leading international investment banking firm focused on emerging growth companies. The firm's 46 research analysts cover over 500 companies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next