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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (13638)8/26/2002 9:40:20 AM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
08:20 ET CIEN Ciena upgraded at Soundview (4.16)
Soundview upgrades to OUTPERFORM from Neutral, saying they expect the July qtr to be the low point in analyst ests and the beginning of the march back to profitability; also, the strategic decision to spend when others are cutting is supported by $2.2 bln of cash and should enhance the co's leadership position. Price target is $7.