SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: jghutchison who wrote (10002)12/14/2000 11:54:29 AM
From: Techplayer  Read Replies (1) | Respond to of 12623
 
jghutchinson, what did I spell incorrectly?

I find it humorous that an engineer can support the track record of a company that wasted 5.6% of their shares on something that is not contributing to the bottom line and then can claim that the company is worth more as a result of it. Be careful about who you are calling ignorant.

In terms of valuations, 16 million shares of CIEN were issued for a failed start-up. that is 16 million shares, or over 1.6 billion dollars in buying power that CIEN does not have right now. Nice one.

tp