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To: t2 who wrote (17962)2/7/2001 12:05:33 PM
From: dan_oz  Respond to of 24042
 
Ciena agrees with you t2.... Ciena exec sees boom times ahead

By Chris Kraeuter, CBS.MarketWatch.com
Last Update: 11:57 AM ET Feb 7, 2001



SAN FRANCISCO (CBS.MW) -- Speaking at the Banc of America
Technology Week Conference, Ciena President and COO Gary Smith
spoke about a fundamental shift away from the older boys networks to
more simple, smaller, optical networks.

"Drivers for change are absolutely there, particularly paired with the
economic environment, and now the products are there, too," Smith said.

As far as the global optical network goes, Smith says the bubble has not
burst. He sees growth of 70 percent for the next generation of optical
products during the next three to four years. The demand for traditional
products, however, is "absolutely slowing down."

Earlier in the day, telecommunications provider McLeodUSA (MCLD:
news, msgs) selected Ciena's multiwave coredirector as its intelligent
optical core switch.

Said Smith about the deal, "It is another example of Sienna taking
business away from other major players."