Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jghutchison who wrote (11473)	8/19/2001 3:39:45 PM
From: PoetTrader	Read Replies (1) \| Respond to of 12623

Jg...Do you think the T contract win is reflected in current price?...I've got ALOT of shares and am a true believer in Ciena...I know we'll do fine long time...just wondering how long it will be dead money. Writing CC's on my position in the meantime. Best of luck to you. PoetTrader

To: jghutchison who wrote (11473)	8/19/2001 4:21:55 PM
From: Rob S.	Respond to of 12623

T is about $70 billion in debt, they have lost L.D. market share - from 90% to about 40% currently, and they see sluggish growth going forward. What makes you think that T will save Ciena's butt from the general decline of spending? Just as there were mega factors at work that led to the huge capital expenditure binge, such as the quick early expanse of the Internet and telecommunications deregulation, there are now mega factors, such as huge debt structure, at work to limit upside expansion in this industry. The message is clear: the 3-5 year outlook has greatly diminished and stock prices should adjust. This is still a stock market in which high expectations are lagging behind reality.