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Technology Stocks : Ciena (CIEN)
CIEN 225.21-13.1%Jan 8 4:00 PM EST
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To: jach who wrote (5859)12/11/1998 3:25:00 AM
From: Thomas Haegin  Read Replies (2) of 12623
 
Jach and all, if WDM is such a hot market and if CIEN managed to gain some new customers, I still wonder why revenues are down 30%? 30% is a lot. Did they price themselves out of the market? Did customers defer orders? Did they lower prices and sacrificed margins in order to attract customers? It should be interesting to see what the other telco cos. like LU, NT, TLAB etc. will report.

I think the uncertainty at CIEN is rather high at this time. They will have quite a job in rebuilding confidence. I guess the stock will be rather dead in the near term at least.

Really just rumbling and proposing some questions,

regards,
Thomas
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