Ciena (CIEN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ciena (CIEN)

CIEN 195.73

+1.2%

Dec 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pass pass who wrote (4145)	10/8/1998 2:23:00 AM
From: jach	Read Replies (2) of 12623

Ciena is totally different from SHVA that is not making money now. Ciena has revenue for the quarter totaled $129.1 million. This compares with $121.8 million in revenue reported for the third fiscal quarter of 1997. Net income for the quarter was $16.1 million, or $0.15 per share. For a 30 to 40% growth rate company the price right now based on the earnings is incredibly low. Ciena at 9$ is a big bargain imo, bought a full truck load at 9.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next