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


To: MoneyMade who wrote (3104)9/14/1998 6:02:00 PM
From: Chris Helton  Read Replies (1) | Respond to of 12623
 
You probably got a good buy on TLABs at $38 in my opinion. TLABs still needs optical networking capability though. I hear Pirelli's optical division is up for sale. Maybe they will buy that.
Ciena is now worth at least 25X normalized eps of $1.25. I suspect as orders for the Metro and Firefly products start coming in people will get a sense for this.