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

To: Daniel G. DeBusschere who wrote (4114)	10/7/1998 6:24:00 PM
From: Sam Citron	Respond to of 12623

I agree that it looks interesting at these levels. But stocks that lose 90% of their value in 3 months do not usually bounce back smartly. And with market cap hovering below $1B the stock is currently off-limits for institutions seeking large caps. Could be a good January-effect candidate though.

To: Daniel G. DeBusschere who wrote (4114)	10/7/1998 6:28:00 PM
From: Schmoople	Read Replies (3) \| Respond to of 12623

I think a factor folks should consider is that other companies such as Level three and Qwest which are building new FO networks and will need WDM. A buddy of mine at Antec says they see a real upsurge in demand for WDM all around. Does anyone know if CIEN has solid business with these companies? Also, what is their position in the Metro and smaller networking markets? It would seem to me that over time this will be a much larger and more broad based market with a plethora of customers. Any thoughts? I too am amazed at the rather low price of this stock. It is not a high flier at present and I am wondering when its sell off will die down and if I should jump in at that point. The bottom line is WDM is here to stay and there is HUGH money to be made in it.