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

To: Ibexx who wrote (11703)	12/11/2001 8:14:20 AM
From: jghutchison	Respond to of 12623

Ibexx, Speculation on the earnings report is just that. We have a good idea of the earnings numbers, but the more important guidance is vague. Based on JDSU's report, I'd have to conclude that things will continue to look muddy for a least another six months, then we may see some visibility. However, I still continue to search for better investment vehicles than cien but I continue to strike out. So, I will hold my core and continue to trade the swings. Jack

To: Ibexx who wrote (11703)	12/13/2001 8:10:02 AM
From: chojiro	Read Replies (1) \| Respond to of 12623

Ciena Meets Estimates, Expects Losses Boston, Dec 13, 2001 (MidnightTrader via COMTEX) -- CIENA Corp. (CIEN) today reported revenue of $367.8 million for its fourth fiscal quarter ended October 31, 2001. These results represent an increase of more than 27 percent as compared to the same period a year ago when the company reported revenue of $287.6 million. Pro forma net income was $17.1 million, or $0.05 per share, compared to $41.9 million, or $0.15 per share a year ago. Analysts were expecting the company to earn $0.05 per share on revenue of $365 million, according to First Call. Looking forward, the company says it plans to continue to invest money in itself rather than cutting to "merely survive," which the company says will mean it will incur operating losses.

To: Ibexx who wrote (11703)	12/18/2001 3:13:45 PM
From: Ibexx	Read Replies (2) \| Respond to of 12623

Riverstone seen giving strong guidance with Q3 results SANTA CLARA, Calif., Dec 18 (Reuters) - Network router maker Riverstone Networks Inc. (NasdaqNM:RSTN - news) is expected to give positive guidance when it reports third-quarter results on Wednesday, in a climate of investor optimism over equipment sales to urban markets, analysts said. Riverstone in October said it expected third-quarter revenues to grow 6 percent to 10 percent to between $58.6 million and $60.6 million, which would produce earnings in the 1 cent to 3 cents per share range expected by analysts. Analysts polled by Thomson Financial/First call on average expect Riverstone to post third-quarter earnings of 2 cents a share, excluding charges, on $59.4 million in revenue. Analysts see Riverstone meeting those expectations and providing upbeat guidance on more near-term growth. ``The company has talked about the first half of 2002 for build-outs of metro networks by large carriers in the U.S.,'' said Peter Andrew, an analyst with A.G. Edwards & Sons Inc. Riverstone shares traded on Tuesday afternoon at $18.16, up 271 percent from a year-low of $4.89 on Oct. 1. By contrast, the Nasdaq Composite index (^IXIC - news), trading at 1,992.65 on Tuesday afternoon, has gained 44 percent from its year-low of 1,387.06 on Sept. 21. Shares of Santa Clara, California-based Riverstone were initially lifted by the expectation that networking companies would benefit during a possible economic rebound and a general jump in investor interest in the technology sector. More recently the stock has also been boosted by the company's emphasis on selling products into the ``metro market'' -- cities and suburbs which, unlike saturated long-haul telecommunications markets, are still shopping for communications equipment. ``It's the one part of the telecommunications network that hasn't had a big upgrade in capacity,'' said William Becklean of Commerce Capital Markets. Spending on metro networks will also likely remain healthy as telecommunications companies seek to bring new services to consumer-heavy urban markets, said Pacific Growth Equities analyst Erik Suppiger. ``The metro-area network is one of the biggest, if not biggest, impediment to customers gaining broadband bandwidth access,'' Suppiger said. ``The metro area also is where carriers are adding value-added services.'' Morgan Stanley last week raised its 12-month target price on Riverstone shares to $20 from $16, anticipating that the company's revenues will meet the firm's expectations. Analyst Christopher Stix wrote that Riverstone's third-quarter results were ``likely to be in line with or slightly above our estimates of $60 million revenue and 3 cents EPS.'' Ibexx PS: should bode well for other metro issues such as CIEN and ONIS