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Technology Stocks : Ciena (CIEN)

CIEN 212.93

+5.6%

Dec 8 4:00 PM EST

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To: sam who wrote (5245)	11/4/1998 10:38:00 AM
From: Doughboy	Read Replies (2) of 12623

Sam, I was not impressed by Nettles's performance. In comparison to Birck's interview a couple of weeks ago, Nettles was nervous, dodgy, and inarticulate. He basically got on the telly for 10 minutes and said nothing. What's the point in that? Everyone was expecting that he would announce a big contract this morning with an RBOC and instead he said something like, "while we would love to have an RBOC contract, we believe that the key developments are going to be with the start-up CLECs like Enron." Yawn. Worse than that, he really made it seem like his business was sick, not making a strong statement about ongoing Worldcom business and repeatedly implying that Ciena's customer base is in transition. Who wants a stock whose large customers are not ordering and whose small customers are still just prospects. Start bringing in the little carriers two a week and then we can start talking turkey about a new customer base. As far as I'm concerned, there was no point to Nettles being on CNBC: he clarified nothing and he talked down his company's prospects. Doughboy.

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