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Technology Stocks : Ciena (CIEN)
CIEN 209.52+1.0%Nov 12 4:00 PM EST

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To: Mama Bear who wrote (3159)9/15/1998 2:39:00 PM
From: gbh  Read Replies (1) of 12623
 
Barb, not sure what Cramer thinks about CIEN, but he liked TLAB at yesterday's price, it seems.

TLAB - pre-announced a possible penny shortfall in this quarters earnings, and comfortable with analysts estimate of 2.35 for next year.

CIEN - pre-announced a bad 4Q and tough '99.

Problems with TLAB may come more than a year out, if ever. Problems with CIEN are with us today.

TLAB does seem to be at a good price here with substantially less risk than CIEN, IMO.

gary
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