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


To: Mama Bear who wrote (3159)9/15/1998 2:39:00 PM
From: gbh  Read Replies (1) | Respond to of 12623
 
Barb, not sure what Cramer thinks about CIEN, but he liked TLAB at yesterday's price, it seems.

TLAB - pre-announced a possible penny shortfall in this quarters earnings, and comfortable with analysts estimate of 2.35 for next year.

CIEN - pre-announced a bad 4Q and tough '99.

Problems with TLAB may come more than a year out, if ever. Problems with CIEN are with us today.

TLAB does seem to be at a good price here with substantially less risk than CIEN, IMO.

gary



To: Mama Bear who wrote (3159)9/15/1998 3:03:00 PM
From: craig crawford  Respond to of 12623
 
I don't know what is spinning around in that bald head of his. CIEN will recover or sell themselves, but it's just not worth the headache right now.

At these prices if you have a long-term view maybe CIEN is ok, but I'm afraid that just when they get their business back on track the market will tank!

Kind of luck they seem to have.