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

To: chojiro who wrote (10293)1/29/2001 1:05:22 PM
From: Techplayer  Read Replies (1) | Respond to of 12623
 
chojiro, It did. Have you looked at the one year price difference on CIEN? In regards to NT, GLW, JDSU, etc, they had just run up tremendously on that outlook. Many have been knocked down on reduced growth estimates. If the positive outlook for the remainder of the year becomes real, then there may be some relatively good deals out there right now. I like GLW and JDSU.

tp



To: chojiro who wrote (10293)1/29/2001 1:57:18 PM
From: cfoe  Read Replies (1) | Respond to of 12623
 
The outlook last Jan. looked pretty good also, no?

Yes, and at least for Ciena - the best performing NASDAQ stock in 2000 - it was justified. While past performance is not an indicator of the future (hey, I think I have that one down well enough to become a talking head on CNBC <ggg>), I believe Ciena is worth the risk.

Disclaimer - I am long since since well before the split.


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