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

To: James Fulop who wrote (9455)8/17/2000 8:29:30 AM
From: Bob Myers  Respond to of 12623
 
I foresee a lot of shorts converting this morning. This has got to be their worst nightmare, blowout earnings, extremely positive future looking statements and a 2-1 split. How can you beat that.
A next year PE of perhaps 100-1, with exponential growth year to year of at least 400%, indicates this stock is under priced and do a big rise. Enjoy the ride.
Regards All Longs,
Bob Myers



To: James Fulop who wrote (9455)8/17/2000 8:32:55 AM
From: jghutchison  Read Replies (2) | Respond to of 12623
 
Earnings Highlights

Beat street estimate by 2 cents ro 12% upside surprise.

58% Q/Q growth in E/Shr

80% Y/Y growth in Rev

Annual revenue run just shy of $1BB.

CoreDirector revenues recorded from THREE customers. Seven more in trials.

10G Metro introduced - first to market.

Guidance pushed to upside reflecting management's confidence.

JGH


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