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


To: pass pass who wrote (4145)10/8/1998 2:23:00 AM
From: jach  Read Replies (2) | Respond to of 12623
 
Ciena is totally different from SHVA that is not making money now.
Ciena has revenue for the quarter totaled $129.1 million. This compares with $121.8 million in revenue reported for the third
fiscal quarter of 1997. Net income for the quarter was $16.1 million, or $0.15 per share. For a 30 to 40% growth rate company the price right now based on the earnings is incredibly low.
Ciena at 9$ is a big bargain imo, bought a full truck load at 9.