Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 196.24

+0.8%

Nov 25 4:00 PM EST

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To: Adrew Thanh who wrote (6479)	2/18/1999 5:27:00 PM
From: john dodson	Read Replies (3) of 12623

Re: pretty good report? Q1 revenues of $100.4 Mil vs $145.1 mil in the same quarter a year ago. How's that a good report? Sure, it's up sequentially from $91.2 mil, but still way off year ago levels. I hope Ciena investors do not fool themselves here: coming in slightly above estimates means almost nothing in the grand scheme of things. Ciena's still hurting, but they're trying to rebuild their revenue and broaden out the customer base. This in due time will probably happen so that they can then command the premium in a takeout that they so desperately want. Then we'll all be happy. Until then, I don't think 2 cents is worth much. -John Dodson

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