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

To: Gary Korn who wrote (1261)	2/20/1998 11:18:00 AM
From: craig crawford	Respond to of 12623

<< What is your take on WCOM? It looks like they just delayed for 1Q, but did not end any relationship with CIEN. Hence, market overreaction??? >> I'm not so biased that I would call it an overrecation, I think CIEN was too pricey in the upper 50's and now it is reasonably priced for long-term capital appreciation. This is one of the fastest growing start-up companies in history. CIEN has gone from zero revenues in the first half of 1996 to over $450 million for the TTM. Companies like A$ND, TLAB, (even C$CO) haven't grown that fast. Ciena reported $134 million in revenues yesterday. Cisco didn't report numbers like that until late 1992. (Cisco was started in 1984 and came public in Jan 1990).