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

To: Dennis R. Duke who wrote (1813)3/31/1998 11:02:00 AM
From: craig crawford  Read Replies (1) | Respond to of 12623
 
The Bell Atlantic news was already expected by the market. Perhaps the numbers were disappointing for some. Some people fear that WCOM business will be lost when they complete their merger with MCIC

Fund managers have been giving CIEN the boot for the last few days to get them off the sheets before the quarter ends.

Some bozo in Barron's said their margins are going to crash.

The sky is falling the sky is falling!

Just use this weakness to buy some if you haven't already.



To: Dennis R. Duke who wrote (1813)3/31/1998 1:57:00 PM
From: nghi vu  Read Replies (1) | Respond to of 12623
 
the one contract
The one that everyone is waiting for and will surely move the stock is the AT&T contract. If CIEN can get T to announce a 5 years agreement worth 500 millions. This stock will see 60 again. But for now, the small contracts are not enough to offset the fear of the missing 80 millions in order from wcom this quarter and next.


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