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Technology Stocks : Ciena (CIEN)

CIEN 200.29

+2.1%

Nov 26 4:00 PM EST

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To: john dodson who wrote (6486)	2/18/1999 5:46:00 PM
From: Chris Lin	Read Replies (2) of 12623

Oh, I'd like to compare AMAT to CIEN here. AMAT earned 42.5 mil (11 cents/share) on revenue of 742 mil this quarter. This compares to net income of 197.8 mil (52 cents/share) on revenue of 1.31 billion same quarter last year. Pretty bad, huh? Yet, AMAT is not only recovering, it is standing at its all time high now. How do you explain this? CIEN is definitely on the recovery path. Its visibility is getting higher with those new contracts. It can only go up from here.

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