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Technology Stocks : TLAB info?
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To: Stonehenge who wrote (2162)2/19/1998 4:39:00 PM
From: craig crawford  Read Replies (1) of 7342
 
CIENA Corp (CIEN) 58 1/8 +3 1/8: telecommunications equipment maker beats the Street by 2 cents with 1st qtr earnings of $0.37. However, company says WorldCom will reduce FY98 system requirements; says significant WorldCom purchases may resume in late '98; warns that it sees sequentially lower net income and flat revenues; analysts were expecting EPS of $0.36 in the 2nd qtr...
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