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: AD who wrote (11727)	12/20/2001 1:06:50 AM
From: AD	Respond to of 12623

"Since the company (CIEN) is facing a prolonged downturn, we believe it could run through the net cash over the next 18 months. At current run rates, the company could spend $250-$300 million in FY02, assuming capital spending and employment levels are flat versus FY01. Cash flow losses could accelerate in FY02, unless the company reduces its workforce dramatically and closes down manufacturing facilities. Ciena increased it debt-to-capital ratio to about 30% in FY01 from 0% in FY00. New funding may be a difficult challenge, given the outlook in the services provider sector."