Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 259.15

+2.0%

4:00 PM EST

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To: Glenn D. Rudolph who wrote (1377)	2/21/1998 1:17:00 PM
From: michael a. rowe	Read Replies (1) of 12623

JDS is a canadian company ...trades on TSE symbol JDS .... that sells fiberoptic components to CIEN NTL LU etc.... about 10% of JDS revenues come from CIEN (my opinion only). JDS currently trades at about 25-30 1999 earnings and their earnings grew by 100% over last year. I dont think they are overly dependant on 1 or 2 customers like CIEN, since they sell to all parties involved in this industry...they supply the suppliers. I do think that the market has overreacted on CIEN...this is a tremendous chance to pick it up at a reduced price. mike

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