Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 191.74

-1.3%

Nov 14 4:00 PM EST

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To: Paul Shread who wrote (2739)	9/9/1998 12:02:00 PM
From: william liao	Read Replies (1) of 12623

if you waited for a few months, you could have sold for over 90, doubled your gain! one of my investment priciples is you never look back. now is cien fundamentally altered since your ipo purchase? per their april 98 figures, the revenue jumpted over 70% to 288m; it has $2 cash plus per share; current ratio was 5 plus; debt/equity is zero. their dense wavelength division multi. systems are very popular. the only concern i had was its customer bases were too narrow; more than 80% of its revenue was generated from the sales to sprint and worldcom. that really makes me nervous. william

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