Maverick,
Great to see you posting on the CIEN thread. What are your thoughts on the recent stumble? Some of my thoughts:
1. Backbone demand is doubling every 3.6 months, so companies like WCOM, etc. are going to need capacity.
2. LU may have some new product, but there remains a lot of backbone demand out there, hence room for multiple suppliers (much like ATM and ASND, NN, NT etc.).
3. The financial position of CIEN is excellent. With half the shares, it has net income of almost as much per quarter as ASND (and I like ASND quite a lot). Also like ASND, it has no debt. Also like ASND, it has a lot of cash. I could go on.
Anyway, your thoughts?
Gary Korn |
