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

To: Catcher who wrote (9910)12/7/2000 8:27:51 AM
From: sam  Read Replies (1) | Respond to of 12623
 
07:56 ET CIENA Corp (CIEN) 95 3/8: -- Update -- Already
hearing some grumbling on trading floors that CIEN's top-line
numbers were not as robust as hoped for by some investors.
Company's Q4 revenues of $287.59 mln were slightly disappointing
relative to the $295-$300 mln "whisper number" circulating on
trading floors.

Rumor being circulated by Briefing.com



To: Catcher who wrote (9910)12/7/2000 9:26:40 AM
From: ratan lal  Respond to of 12623
 
so they beat $0.14 vs $0.12, raised rev guidance and the stock is trading down $6


Bad debt write off of 5 cents for a net of 9.


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