Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jon Cave who wrote (3950)	10/1/1998 12:04:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 12623

CIEN: NATNBK MONT.SEC decreased estimate for quarter ending 10/98 from $-0.03 to $-0.04 on 09/29/98

To: Jon Cave who wrote (3950)	10/1/1998 1:09:00 AM
From: jach	Respond to of 12623

CIEN mkt growing tremendously based on NT news, see extract - ------------ <NT's data networking business and fiberoptics business is doing well. (The weakness is) being offset by tremendous growth in our business lists, broadband, fibre optic systems> ------------ tremendous growth in fibre optic systems - this is basically what was indicated as a major reason in CIEN STRONG BUY recommendation-that is BW needs are growing leaps and bounds (an example is that when Internet surfers move to cable modems the BW needs to be increased 20 times from current BW capacity- to get these BW in the existing fiber is to use CIEN products) - and btw, all top three japan fiber carriers picked CIEN products and this said something as from experience japanese companies typically did extensive testing and due diligence and by picking CIEN it said something about CIEN products' technology and the maturity of the products- Based on NT statement- CIEN mkt is growing at a very fast pace and CIEN at this price is a real bargain; target 30 to 35$