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Technology Stocks : Ciena (CIEN)

CIEN 191.74

-1.3%

Nov 14 4:00 PM EST

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To: David Harker who wrote (7086)	5/10/1999 8:09:00 PM
From: Freeflight	Read Replies (1) of 12623

ciena will be asked about tomorrow during csco conference call i surmise. how will csco respond to ciena acquisition question then? There is little doubt among most analysts that Cisco Systems (CSCO) will beat estimates on Tuesday when thy report earnings after the market close. In fact, there is little doubt that the Company will beat the estimates by one cent. Each quarter for well over a year Cisco has beaten the consensus estimate by exactly one cent. While nearly all analysts feel Cisco will have good earnings, Josephthal, Lyon & Ross was the most recent to publicly state that Cisco should beat estimates. The consensus estimate is $0.37, while our whisper number is $0.38. The highest estimate is $0.39, but nearly all official estimates for Cisco are $0.37. Conference call replay information can be obtained at investor.cisco.com .

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