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


To: James Fulop who wrote (9317)7/9/2000 6:01:44 PM
From: vvargesmd  Read Replies (1) | Respond to of 12623
 
Interesting projection on CIENA. URL at the end.

"Ciena Company Update

Recent strength in CIENA's shares has been fueled by the announced plans of Williams Communications to boost capital spending on among other things optical infrastructure. We continue to believe there is substantial upside in the shares tied to stronger than expected performance from the company's core DWDM products that will likely produce revenue equal to most street estimates without any CoreDirector revenue. We have said that we believe that Core director could generate more than $300 million in sales next year and more than double that figure in the following year. On that basis, the stock could trade to the mid- $200's over the next 6-9 months."

witcapital.com

VVarges