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

To: craig crawford who wrote (1345)2/20/1998 5:48:00 PM
From: Capitalist  Respond to of 12623
 
If the originaly estimate (before this news came out) was only $1.47, doesn't that mean that analysts, initially, weren't expecting much sequential growth for CIEN this year? So analysts thought they would earn 35 cents in Q1, then not much more than 35 cents each quarter after? That means they weren't expecting much sequential growth in the first place? Or am I missing something.

SH


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