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Technology Stocks : TLAB info?
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To: Curbstone who wrote (3640)9/13/1998 1:38:00 AM
From: Chuzzlewit  Read Replies (2) of 7342
 
No, and I think that's the essence of the problem with Ciena as it now stands. It has a very small customer base which makes it excessively vulnerable. I don't know precisely where the problems are with Ciena, but there certainly are problems. It is always difficult for shareholders of a fallen high flyer to come to grips with that reality, but I think its necessary for rational investing. In that spirit I ask whether the problem is in the product, the pricing environment or the sales force. Why has the market revalued a company one thought to be worth $6 billion to around $1.6 billion?

TTFN,
CTC
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