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

To: Doughboy who wrote (4151)	10/8/1998 2:29:00 AM
From: jach	Respond to of 12623

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's 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$