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Technology Stocks : Ciena (CIEN)

CIEN 195.81

+7.1%

Nov 5 4:00 PM EST

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To: George Bielski who wrote (3009)	9/14/1998 2:06:00 AM
From: jach	Read Replies (1) of 12623

CIEN revenue based calculation yields 36$ to 60$ range CIEN with revenue of about 600M can be easily calculated based on average historical networking companies acquisition range of 6 to 10 times revenue; that will be between 36$ to 60$ range. CIEN at this 16$ is a big bargain considering the installed base, technology and the large well-known customer base such as SPRINT, Bell Atlantic, Cabe and Wireless and with Cisco. Pirelli and Teleport, never ever heard about them up till now; may be for tires and car ports

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