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Technology Stocks : Ciena (CIEN)
CIEN 196.24+0.8%Nov 25 4:00 PM EST
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To: Tim Bagwell who wrote (1863)4/1/1998 5:08:00 PM
From: craig crawford  Read Replies (1) of 12623
 
16:55 [DIGI] DSC COMMUNICATIONS SAYS ASIA CRISIS CUT ORDERS FROM JAPAN.
16:54 [DIGI] DSC COMMUNICATIONS SEES Q1 REVS $340-$360M, MARGIN UPPER 20% RANGE
16:54 [DIGI] DSC COMMUNICATIONS CALLS Q1 RESULTS 'EXTREMELY DISAPPOINTING'.
16:53 [DIGI] DSC COMMUNICATIONS SEES Q1 RESULTS BELOW STREET EXPECTATIONS.
16:52 [DIGI] DSC COMMUNICATIONS SEES Q1 LOSS AT 15 TO 25 CENTS/SHARE.

DIGI designs, develops, manufactures and markets digital switching, access, transport and private network system products for the telecommunications marketplace. For the nine months
ended 9/30/97, revenues rose 14% to $1.13 billion. Net income totalled $86.4 million vs. a loss of $25.1 million. Revenues reflect increased sales of access and switching products. Earnings
also reflect the absence of an $82.5 million special charge related to inventories and associated assets.
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