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


To: Stash who wrote (4009)10/3/1998 8:27:00 AM
From: thebus  Read Replies (1) | Respond to of 12623
 
Moore's Curve
Ciena's stock price is also experiencing the curve.
Can the share price trade in nanodollars?



To: Stash who wrote (4009)10/4/1998 12:37:00 AM
From: jach  Respond to of 12623
 
CIENA STRONG BUY RECOMMENDATION, based on BW demand outlook for the future, CIENA established product line (see customer list), and price of around 12$ it's, IMO is a strong buy.

Just 1998 customers list up till now include many big names such as:
- Cable and Wireless
- GST Telecom
- Sprint
- Bell Atlantic
- Hermes Europe Raite
- Telia AB of sweden
- Racal Telecom
- CS Telecom France
- Japan Telecom
- Japan's DDI
- China operations
and more to come for 98.

Again, imo, ciena fair price should be at around 30$; because of the merger the price had been severely beaten, in fact without any merger implications ciena even with the lost contracts should be at around 30-40$.