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Technology Stocks : Ciena (CIEN)

CIEN 186.98

-2.5%

Nov 18 4:00 PM EST

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To: Ishmael who wrote (6738)	3/15/1999 11:54:00 AM
From: Bill McCullen	Read Replies (2) of 12623

Ishmael, How do you know what the margins are for Omnia and Lightera products since neither of these products are in production and won't be til late this year? Neither of these companies has sales yet (only trials). Ciena conceded there would be no margin impact from the acquisitions 'til late 2H00. I agree that they can now differentiate from LU but the margin comments are presumptive. Anyone know if there was a CC for financial analysts? The 10:00 call was all Press and provided little insight. I assume there must have been a separate CC for Financial and industry analysts earlier this morning. Replay # anyone? Bill

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