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: Baudwalker who wrote (1812)	3/31/1998 10:42:00 AM
From: Dennis R. Duke	Read Replies (2) \| Respond to of 12623

So, what you're really saying is don't expect a "pop" from this announcement. Are you down on the fundamentals of this company? I had heard they are one contract away from a comeback. What business is on the horizon that will get this stock that boost? I bought in today, so I am behind. Dennis

To: Baudwalker who wrote (1812)	3/31/1998 3:58:00 PM
From: Tim Bagwell	Read Replies (1) \| Respond to of 12623

I agree with you that this contract is peanuts for Ciena. I'm trying to understand how the DWDM portion of the contract can only be 2% of the whole deal. These are million dollar systems so it would say that BA is only buying somwhere around 30-40 systems which seems smallish. Clearly Ciena has received a second source status. Lucent, IMHO, is the primary supplier for this deal. This is a blow to the stock and the market has correctly shown its dissatisfaction with this long awaited deal. Management is trying to put the best face it can on it but there is little to be excited about. I also believe that Ciena will only obtain a second source status with T. There again I would expect LU to get the major share. IMHO, this stock is dead money for the forseeable future.