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


To: James Fulop who wrote (8028)2/16/2000 3:03:00 PM
From: jghutchison  Read Replies (2) | Respond to of 12623
 
James,

Can it be that the rumor is just that. Earnings are due and the stock has been a great value relative to its peers. On a relative basis Ciena should have a market cap of $50MMM or $300/share.

The earnings should beat the street estimate of six cents. However, this is not the driving force. Lets look at the backlog and listen carefully to the conference call tomorrow.

Regards,

Jack Hutchison