Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 201.59

+3.0%

4:00 PM EST

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To: lebo who wrote (3715)	9/24/1998 8:06:00 PM
From: Doughboy	Read Replies (2) of 12623

If someone goes in to buy Ciena, isn't it true that they get to open up the books? Why can't a buyer (CSCO) take a look see, make a good judgment whether the earnings for '99 look like .20 or 1.20, and then decide to make a play or not. What's the harm in that? I guess I don't understand why a buyer should wait until things "settle down." It seems to me that at that point the public will also have a grip on the earnings outlook and the share price will presumably reflect that fair value. JMO

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