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Technology Stocks : Ciena (CIEN)
CIEN 194.70+9.2%Nov 24 4:00 PM EST
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To: craig crawford who wrote (1827)3/31/1998 9:07:00 PM
From: gdichaz  Read Replies (2) of 12623
 
Let's think about the Bell Atlantic situation a bit. Bell Atlantic has very limited long distance fiber now. It has not been laying fiber like the long distance co's or cable companies. Therefore there is limited long distance fiber to upgrade with Ciena's technology. By far the most interesting part of this story is not $$'s, but the Ciena statement that Bell Atlantic will deploy it's brand new short distance DWDM technology. This is a first. And appropriate for Bell Atlantic's specific situation. It ain't no long distance company. Hopes to be someday but hasn't been and isn't now. But rpt but it is a Baby Bell who has been second only to US West in trying new growth areas and new technologies in its old area - Mid Atlantic. Note this is largely for the old New England stone age system the company has just taken over in its recent merger. All in all, very very positive IMO. The first DWDM sale for short distance.. Remember Ciena has a DWDM for short distances and metro areas. This is Bell Atlantic's bag. A modest contract makes sense to try this brand new technology breakthrough out. More $$ s will follow if it proves out in the real Bell Atlantic world. Suggest we celebrate not cry. Chaz Of course all IMO and I have even been wrong now and then. :-)
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