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


To: Sultan who wrote (9743)10/30/2000 6:07:53 PM
From: MarkC  Read Replies (2) | Respond to of 12623
 
I spoke to IR this morning and their tone was absolutely positive. Their target for Q4, which ends tomorrow, is .25 on Revs of 275.4MM. Coincidentally, that is the number the street is looking for as well. I was told that their business has never been better and they are seeing growth from South America as well as the Far East. She told me that CIEN IR considered making a statement last week after the stock got hammered, but they decided against it because they felt it wasn't their place to do so.

FWIW The increase in market share for CIEN is 50%.

Mark