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Technology Stocks : Ciena (CIEN)
CIEN 230.56+2.4%Jan 9 4:00 PM EST
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To: Pink Minion who wrote (1297)2/20/1998 2:43:00 PM
From: craig crawford  Read Replies (1) of 12623
 
<< But that is the past.

They made 39 mill on 134 mill of sales giving a return of almost 30 percent. Only Microsoft and drug dealers make that kind of loot. >>

So what are your predictions for the future? Their margins are going to drop to disk drive or DRAM levels? That's precisely my point. Even if their margins drop some they will still be the envy of most every other company in America!

Most companies would kill to have half the margins of CIEN.

Here goes purchase #2 at 42 7/16
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