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


To: Jim Rathmann who wrote (1007)10/21/1997 9:57:00 PM
From: Sam Citron  Respond to of 12623
 
Help me put some flesh on the bones of this timeline.
Please interpolate with dates, positions, purchases and sales.

10/16/97 - CIENA Corp was upgraded by Alex. Brown to Strong Buy from Buy.
9/9/97 - Alex. Brown reiterated Buy rating for CIENA Corp.
9/5/97 - CIENA Corp launches local DWDM product.
8/20/97 - CIENA Corp upgraded by Salomon Brothers to a strong buy.
8/20/97 - CIENA Corp reports last qtr eps of $0.33/shr vs $0.10 a yr ago.
8/6/97 - CIENA Corp expects 3rd qtr shr in range of $0.31 to $0.33.
8/6/97 - CIENA Corp says yr ago 3rd qtr shr $0.10.
8/6/97 - CIENA Corp sees moderating sequential growth in 4th qtr, fy 1998's 1st qtr.
8/6/97 - CIENA Corp is comfortable with fy 97 consensus, optimistic about '98.
8/5/97 - Alex. Brown reiterated Buy rating for CIENA Corp.
7/24/97 - Salomon starts CIENA Corp as buy, sets $60-65 target range.
7/24/97 - CIENA Corp was upgraded by Goldman Sachs to Buy.
7/24/97 - Goldman adds CIENA Corp to recommended list.
7/9/97 - Alex. Brown reiterated Buy rating for CIENA Corp, new products, new
customers.



To: Jim Rathmann who wrote (1007)10/21/1997 10:20:00 PM
From: Sam Citron  Read Replies (1) | Respond to of 12623
 
Jim,

OK, July and August it was Goldman #1 and Alex Brown #2. September it reversed.

What do the blocks say to you?

SC