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To: Johnny Canuck who wrote (40368)	11/18/2003 12:29:46 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 71158

Ciena stand outs in lackluster session By Jeffry Bartash, CBS.MarketWatch.com Last Update: 10:23 AM ET Nov. 18, 2003 WASHINGTON (CBS.MW) -- Telecommunications stocks briefly recovered slightly on Tuesday after two straight trading sessions, but gains mostly evaporated later on. Free! Sign up here to receive our SiteWatcher e-Newsletter! INFORMATION FOR CIEN: Create an alert for CIEN Add CIEN to my portfolio More cool charts on CIEN Discuss CIEN NEWS FOR CIEN Friedman's, Jo-Ann Stores, Neose, and more Nasdaq, tech stocks take back lost ground Ciena stand outs in lackluster session More news for CIEN Quote & News Charts Financials Analysts Options SEC Filings TRACK THESE TOPICS My Portfolio Alerts Company: Ciena Corporation Add Create Column: Telecom Stocks Create Company: Comcast Corp New Add Create Company: QUALCOMM Incorporated Add Create Get Breaking News sent directly to your inbox Create A Portfolio \| Create An Alert In recent action, the American Stock Exchange's Networking Index, which represents large manufacturers, was up 0.5 percent. Eight of the 15 component stocks rose and seven fell. The biggest gainer: Ciena (CIEN: news, chart, profile). Shares climbed 36 cents, or 5.8 percent, to $6.59. The company said it's retiring $48 million in debt earlier than expected to save future interest costs. Early debt retirement is sometimes viewed as a sign of financial confidence. The more broadly based Nasdaq Telecommunications Index was flat. Fifteen of the 20 largest stocks increased in value, but small losses in the three largest equities, Comcast (CMCSK: news, chart, profile) Qualcomm (QCOM: news, chart, profile) and Ericsson (ERICY: news, chart, profile), put a lid on the index's advance. EchoStar Communications (DISH: news, chart, profile), up 2.2 percent, was one of the top gainers. In the phone sector, action lagged once again. Eleven of the 13 stocks in the Standard & Poor's Communications Services Index fell, with CenturyTel (CTL: news, chart, profile) giving up 2.7 percent to $31.86. AT&T Wireless (AWE: news, chart, profile) was flat. Jeffry Bartash is a reporter for CBS.MarketWatch