Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (1698)	3/9/1998 3:54:00 AM
From: Intel Trader	Read Replies (1) \| Respond to of 12623

This has probably been posted somewhere, but here it is again FWIW: Ciena (CIEN): Ciena's stock ended the week fairly flat despite the turmoil in the technology sector. There was some very good news this past week. On March 5th, Bloomberg reported that "Bell Atlantic Corp., the No. 1 U.S. local telephone company, said it will begin using a Ciena system in the next few months. The Baby Bell plans to spend $1.5 billion to upgrade its network for more data services over the next two years, analysts said." Bloomberg also said "Ciena Corp., Lucent Technologies Inc. and Northern Telecom Ltd. are racing to stretch existing lines with technology that saves phone companies from laying new fiber-optic. The winner will command a market that's surging 60 percent a year and will reach $10 billion by 2001, as customers clamor for the Internet, video conferencing and other services." Ciena is well positioned in this rapidly growing market. See our Market Meditations article for further information. found this on my email this morning, link: ragingbull.com

To: craig crawford who wrote (1698)	3/9/1998 10:28:00 PM
From: Peter Moyer	Read Replies (1) \| Respond to of 12623

Thanks Craig! I will keep that list and check out the ones I'm not familiar with. I didn't realize UNPH was WDM related, I was thinking they were a semiconductor stock. I think LU is a killer long term stock as they are into the WDM, the fiber, and just about everything else related to optics. Do you agree? This would be a stock I would buy for my children's UGMA and sleep well at night. The ones I want to own for myself are CIEN, JDS, and I'll check into UNPH more thoroughly. Thanks again and keep up the excellent work! Pete