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Technology Stocks : Ciena (CIEN)
CIEN 194.70+9.2%Nov 24 4:00 PM EST

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To: Sam Citron who wrote (1873)4/2/1998 1:32:00 PM
From: nghi vu  Read Replies (1) of 12623
 
reversion to the mean
well, I have been saying it for 2 months. It called perfect competitive market. There is no clear tech advantage that will last more than 2 years. CIEN need to establish itself quickly, either be the cost leader or dare I say expand its product lines by acquisition and merging. Cut price like hell to hog customers and keep market share is the immediate move, look for acquisition should be next. The days of 40% margin is gone forever , 30% will be gone soon too. In today fast moving competitve force, company need to be very quick with changes. The high tech business is fill with crash and burn company that fail to understand MARKET SHARE.
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