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

To: gbh who wrote (3130)	9/15/1998 2:30:00 AM
From: jach	Read Replies (1) \| Respond to of 12623

based on comparison of ciena and strm, in fact ciena at this point in time has larger revenue as well as better earnings estimate than strm at the time strm was acquired; STRM was tradinga round 40$ and csco paid minimum 55$ for strm. Becasue of tlab misfortune and the mkt downturn ciena is at this price, that is way undervalued; IMO, Ciena will triple within three months if they announce some new contracts; they do have new contracts to annouce based on news conference; also from previous posts one can see Ciena has backings of large quality companies such as SPRINT, Bell Atlantic, Cable and Wireless, WCOM, and CSCO