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


To: Kenneth E. Phillipps who wrote (9874)11/30/2000 12:03:40 PM
From: CAtechTrader  Respond to of 12623
 
Lehman reiterates BUY on CIEN:

CIENA Corp(CIEN) 1 - Buy

CIEN shares have declined by approximately 25% in the last two days as concerns over the financial situation of GTS was re-hashed and an old story about another vendor getting the second supply position at Sprint re-emerged. Neither of these stories is likely to have a significant impact on CIENAs results for FY01, in our opinion, and there is still plenty of doubt about whether they will have any negative impact at all.

cnetinvestor.com