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Technology Stocks : Ciena (CIEN)
CIEN 201.59+3.0%4:00 PM EST

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To: jach who wrote (4152)10/8/1998 2:38:00 AM
From: pass pass  Read Replies (2) of 12623
 
I believe Nettles indicated Ciena will lose money next quarter (1Q99). Fiber has a vast market, so is RAS. But it doesn't mean all that are in the business are winners. Only #1 and #2 survive, maybe #3. SHVA isn't among top 3. CIEN is #1 now, but with a dozen companies in this WDM market, I wonder where we are going?

BTW, I like your enthusiasm and I'll be glad to sell you all my shares at a big discount to your prediction. Many people say "load up" this and that, there have been so many opportunities to do just that, where does all the extra money come from? The market has vaporized $1.5 trillion dollar this quarter alone.
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