Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 194.70

+9.2%

Nov 24 4:00 PM EST

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To: john dodson who wrote (6872)	4/5/1999 7:53:00 PM
From: Robert	Read Replies (2) of 12623

I don't understand the comparisons to ASND that propagate on this thread. You hit it on the head: Ascend was making money consistently. Ciena is vulnerable to failures to renew any one of its contracts. When a company has no diversification, you have to worry. Any piece of news could send the stock spiralling in either direction. It's just too risky a play. Why not bet on something like Oracle, rather than a highly speculative company that is many quarters from proving its products will survive major competitors advances. You could have bought Dell a week or so ago at $35. It just makes no sense to be in Ciena at this time....My opinion.......I haven't heard any reasonable rebuttal, and I supsect none is coming.....R

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