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

To: Kenneth E. Phillipps who wrote (9877)	11/30/2000 1:23:26 PM
From: jghutchison	Read Replies (2) \| Respond to of 12623

Kenneth, I am sure he did a nice job. John Roth is a class act. Lucent could use a man of his ability. Jack

To: Kenneth E. Phillipps who wrote (9877)	11/30/2000 11:04:10 PM
From: CAtechTrader	Respond to of 12623

CIEN: EXPECTING SOLID QUARTER, SHOULD HELP THE SHARES Salomon Smith Barney Ciena Corp(CIEN)* Rating: 1H As of 11/30/2000 We expect a strong report from the company, as well as an upbeat outlook which should add support for the shares * Based on the strength of business in the Oct quarter, we think Ciena is likely to modestly beat our revenue forecast of $274 million, representing 18% sequential growth above last quarter's $233 million number * We also expect Ciena to show upside to the First Call consensus average of $0.13 and beat our more conservative estimate of $0.11 per share. * We think the outlook for Ciena remains strong, as exemplified by the recent contract win with Genuity, a Tier 1 Internet service provider