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


To: hdl who wrote (11193)6/20/2001 8:30:56 AM
From: sam  Respond to of 12623
 
Could be a rough open.

08:11 ET CIENA Corp (CIEN) 36.74: Merrill Lynch downgrades to near-term NEUTRAL from Accumulate and
cuts FY02 estimate to $0.90 from $1.00; says that no matter how good a product is, it is unlikely that market share
gains will be enough to offset the market declines that are now expected in this environment. Maintain long-term BUY.