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

To: Doughboy who wrote (3690)9/24/1998 12:04:00 PM
From: Doug Moulton  Respond to of 12623
 
DougHBoy,

Where do you come up with .75 in 1999? CIEN admitted to the CEO of TLAB that the next two quarters are negative. Can they still earn .75 if that is indeed true? Again, I am just looking for answers because something just isn't adding up right.

TIA,
Doug



To: Doughboy who wrote (3690)9/24/1998 12:25:00 PM
From: gbh  Respond to of 12623
 
Your analysis relies on CIEN earning $1.00 in '99. I think this number does not yet reflect ALL analysts new estimates for '99. From the small sample I've seen posted here, the new '99 consensus will likely be closer to .50.

Gary


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