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

To: Dale Baker who wrote (11336)	7/14/2001 6:22:34 PM
From: jghutchison	Read Replies (1) \| Respond to of 12623

Dale, Rustam, The problem that I see is one of perception. In a bear market the doom and gloom crowd prevails, conversely in a bull market everyone wears those rose colored glasses. Perception turns on a dime, and we have now entered into a new multi-year bull market that commenced on March 22, 2001. Watch how quickly perception changes. The media will be the last to know, as ususal. When they do, it will be time to bail out. I still continue to see trucks rolling toting massive spools of optical fiber. The demand for broadband service may have tempered just a tad, but within less than six months everything will be firing on all eight cylinders with a slightly different cast of players. The strong survive. And they become stronger. Demand for broadband service is not a fleeting fantasy, it is real and it is growing. The demand will be met and those companies that have sound business models will continue to prosper. Jack Hutchison