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


To: cfoe who wrote (10330)2/12/2001 9:51:11 PM
From: James Fulop  Read Replies (1) | Respond to of 12623
 
>>Ciena may have difficulty meeting his revenue estimate of $1.5 billion
Is there an official revenue projection for Ciena and if so is it lower thak, the same or hight than DBAB's projection?<<

Some of the pay services like First Call may have a revenue projection, but I don't think one could call it "official"...unfortunately, I don't subscribe to any of them so I can't answer the question.

>>Srikanth noted that he is confident about the company's first quarter ended Dec. 31,
Doesn't Ciena's Q1 end 1/31 (based on a 10/31 fye)? If so, how can we trust an analyst that does not know the when the fye-q ends? Of course could it just be a typo by the reported? <<

According to the Ciena site, you are correct...

CIENA's fiscal year begins November 1st. Our fiscal quarter end dates for 2001 are:

January 31, 2001 Q1 Ends
April 30, 2001 Q2 Ends
July 31, 2001 Q3 Ends
October 31, 2001 Q4 Ends

ciena.com

It does make one wonder....



To: cfoe who wrote (10330)2/13/2001 7:47:55 AM
From: Techplayer  Read Replies (2) | Respond to of 12623
 
cfoe, I have money with DBAB. I can say from experience that their analyst ratings and predictions are based on the worst research that I have read. I have tracked dozens of their research notes and for the most part have concluded that each of these notes is a thesis without merit designed to sway a stock price one way or another, though I have np proof of that (my own thesis). DBAB was a bull on several CLECs last year, for instance...

tp