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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: James Fulop who wrote (7964)	2/11/2000 7:38:00 AM
From: James Fulop	Respond to of 12623

From the Nightly Business Report last night: >>STEPHANIE WOODS, NIGHTLY BUSINESS REPORT CORRESPONDENT: Increasing network capacity continues to be a top focus for telecom companies as demand for services surges. These technicians at Ciena (CIEN) are working on technology that boosts the capacity of a fiber optic strand nearly 100 times. That could be useful for carriers like AT&T (T) and QWest (Q), which are busy upgrading old networks and building new ones to handle the rising demand for data traffic. PATRICK NETTLES, PRESIDENT AND CEO, CIENA CORPORATION: The Internet and the growth that that is bringing to the network is the underlying driver. The new applications for the Internet will be yet another driver because the things we do today, the dot.com commerce, is, are just prototypes, in my opinion, of what we?ll have in the future.<< More at: nbr.com and click on the "Where Best To Invest-The Telecomm Industry" in the Current Transcript area