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


To: Stewart V. Nelson who wrote (1093)12/11/1997 5:53:00 PM
From: ian  Respond to of 12623
 
Stewart - I could not agree more! The fact that CIEN was up 1 1/2 (nearly 3%) when the NASDAQ was down 38 points (over 2%) clearly shows the strength of CIEN.

Ian



To: Stewart V. Nelson who wrote (1093)12/12/1997 10:13:00 PM
From: Rajiv  Read Replies (1) | Respond to of 12623
 
Most telecom companies reduce expenditure on new equipment
towards the end of the calendar year (among the reasons being
that this coincides with the holiday season - high traffic
period). What does that mean for a company which is showing
very little sequential growth (but continues to be priced as
a high growth company)

I do not see any positive news that can come out with reference
to CIEN over the next few weeks/months.

Regards
Rajiv