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


To: Maverick who wrote (11641)11/12/2001 8:14:56 PM
From: Ibexx  Read Replies (1) | Respond to of 12623
 
SSB had always been negative on CIEN. A switch to neutrality now, to me, sounds like an endorsement. :-)

Trimming 10% of personnel off their current workforce is the result of consolidating manufacturing resources, not a reduction of productivity. The SSB analyst(s) mostly likely have never been in managerial positions to appreciate these operational issues. Sigh.

CIEN is starting an upward move with today's announcement.

Ibexx