Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Techplayer who wrote (10288)	1/29/2001 12:11:07 AM
From: Elroy	Read Replies (1) \| Respond to of 12623

smallcapmaven, the only reason that I can see to short CIEN is that earnings going forward will be diluted by the recent acquisition. I do not see CIEN warning or missing their numbers. Absolutely. If you notice they haven't closed the acquisition yet, so the dilution from the acquisition won't hit this quarter. I'll bet they close the acquisition on the first day of NEXT quarter, blow away numbers this quarter, and then say "oh, by the way, EPS is going down next Q due to all these additional expenses" leaving investors to weigh the great Jan Q numbers vs. dilution going forward. Elroy

To: Techplayer who wrote (10288)	1/29/2001 8:33:35 AM
From: smallcapmaven	Read Replies (1) \| Respond to of 12623

Cisco (CSCO: news, msgs) slipped $2.38, or 6.2 percent, to $36. CEO John Chambers made his comments while speaking at the World Economic Forum in Davos, Switzerland. He said that January business conditions had been challenging due to lower capital spending by telecom service providers. That prompted Lehman Bros. to cut its sales growth and earnings estimates for the quarter. www2.marketwatch.com Look for weakness also today in CIEN, SCMR, ONIS, and CORV... All JMO...Good luck!!!