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

To: pass pass who wrote (2862)	9/10/1998 11:53:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 12623

>> or they have to relo to Italy to join Pirelli. << Not that it makes much difference, but I think Pirelli has a U.S. division. Probably no need to relocate to Italy.

To: pass pass who wrote (2862)	9/10/1998 12:34:00 PM
From: Sam Citron	Read Replies (1) \| Respond to of 12623

the entire fiber market is still growing fast. Competition from cheap yen, combined with Asian softness, and a rapid expansion in capacity is hurting profits at the moment. If you really believe in fiber and want a good company with a solid core of technology and a 100 year plus operating history, you can pick up Corning (GLW) here at fire sale prices. Almost a pure play on fiber and photonics. They are probably the lowest cost producer of fiber in the world, although they are getting hurt by turmoil in Asia and the currency markets. They are not glitzy like Ciena. They invented fiber and are expanding their capabilities in optoelectronics. Check them out. Sam