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Technology Stocks : Ciena (CIEN)

CIEN 201.71

+3.1%

Dec 5 4:00 PM EST

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To: Kevin G. O'Neill who wrote (6042)	1/8/1999 7:39:00 PM
From: Elmer Flugum	Read Replies (2) of 12623

25 Winners for 1999 By Jim Seymour Special to TheStreet.com 1/8/99 12:56 PM ET "Ciena (CIEN:Nasdaq). Yep, the ugly one. Fell more than 80% from the 90s midyear, after the wedding was called off. Now around 15, this is a bottom-feeder's delight. ... Ciena is the place to go for DWDM (dense wavelength division multiplexing) technology, which wrings more value out of every mile of fiber optics cable for the datacom people. At just about $1.5B in market cap, a great acquisition play. Plus a big, big upside."

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