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To: 2MAR$ who wrote (1108)	6/13/2001 3:17:36 PM
From: 2MAR$	Respond to of 26752

What Are the Differences Between Ciena's and Juniper's Growth Rates? Asks Thomas Kee of Stock Traders Daily SAN FRANCISCO, Jun 13, 2001 /PRNewswire via COMTEX/ -- Stock Traders Daily, http://www. stocktradersdaily.com has spoken with numerous industry representatives from companies such as Nortel, Verio, and other IT contractors to attempt to understand the dynamics that the Networking Sector is facing today. In particular, Stock Traders Daily was confused about the events that occurred last week: Early in the week Ciena Corporation (Nasdaq: CIEN) held a rather upbeat conference call, while Juniper Networks, Inc. (Nasdaq: JNPR) warned that they would miss estimates last Friday. What are the reasons for these discrepancies? Wall Street knows that Ciena and Juniper both operate in the Optical Networking sector, focusing on next generation networks, so why has Ciena maintained its growth rate while Juniper has warned? Is there something behind the scenes that is creating more demand for Ciena's products and less demand for Juniper's products? After speaking with Industry Representatives, Stock Traders Daily has determined that the answer is undoubtedly yes. Stock Traders Daily has further discovered that there is a clear relationship between the products that the two companies offer that should prove profitable to both over time. Ciena provides hardware that helps leverage WDM (optical) transmission capabilities to achieve unsurpassed bandwidth compared to the legacy networks in place today. These new (optical) networks are important given the convergence of voice, video, and data transmission. Legacy networks can't handle the capacity for all of these services, so optical is the way of the future. Ciena's customers include A T&T, Sprint, and Worldcom amongst numerous others. The next generation networks allow these companies to operate more efficiently, and the products allow Ciena's customers to offer a wide variety of services to their customers that voice based networks don't allow. The sector is young however, and it has considerable room to grow as the industry shifts from legacy (voice) networks to next generation networks as noted by Steve Chaddick, Chief Strategy Officer for Ciena. By saving clients money on capital expenditures, by increasing their revenue streams, and by making their networks more efficient, Ciena's products are in strong demand by enterprise class carriers as they transition from older legacy networks to more intelligent optical networks. However, as noted by Steve Chaddick, only 10% of businesses are now operating on T1 quality connections, and this means there is a tremendous amount of room to grow in this sector. This infancy both opens the door for tremendous growth in Ciena, but it also may be the reason for Juniper's recent warning. While Ciena is providing the optical network hardware to the enterprise carriers, Juniper provides routers that compliment the existing network by providing a means of transferring data on these networks. Because the transition from legacy to next generation networks is just beginning, many business still operate legacy networks and they may defer purchases of high end routers, in which Juniper is the market leader, until the roll out their optical networks are more complete. This suggests that purchasing delays may be encountered, as noted by Scott Kriens, President and CEO of Juniper. However, as optical networks like those provided by Ciena are deployed the types of routers that Juniper offers will become more and more in demand. You must crawl before you can walk, and the deployment of next generation networks is just beginning to crawl. Once these networks are deployed, customers will need to incorporate high-end routers to transfer the voice, video, and data that the optical networks are designed for. This means growth rates and revenue streams should continue to be strong within the sector as the transition from legacy to next generation networks accelerates. Daniel Piptone from Noble Trading ( nobletrading.com ) has noted that Ciena has fallen by 3.6% in the last five trading days, while Juniper has fallen by 22% over the same period of time. Contact Stock Traders Daily, Thomas Kee: 415-512-1229 Thomas Kee is a member of the National Association of Securities Dealers, CRD number 2369405. Stock Traders Daily is a member of the National Association of Securities Dealers, CRD number 111906. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Stock Trader's Daily CONTACT: Thomas Kee of Stock Traders Daily, 415-512-1229 prnewswire.com Copyright (C) 2001 PR Newswire. All rights reserved. -0- KEYWORD: California INDUSTRY KEYWORD: FIN CPR SUBJECT CODE: RTG