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Technology Stocks : Ciena (CIEN)

CIEN 178.26

+1.0%

Nov 21 4:00 PM EST

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To: craig crawford who wrote (1894)	4/3/1998 11:51:00 AM
From: pat mudge	Read Replies (1) of 12623

Craig -- I've watched CIEN for a year and missed it the first time and finally bought my first shares yesterday. I heard them present at the JPMorgan Equities conference a few weeks ago where the speaker said the total size of the market was $2billion right now and they held between 30 to 60%. With the transmission broadband market doubling every 3.6 months, there's enough business for Ciena and LU and whoever else has the technology. For an indication of what telcos are doing to transition into the data market, read today's GTE news: newsalert.com Later -- Pat

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