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: jach who wrote (4152)	10/8/1998 2:38:00 AM
From: pass pass	Read Replies (2) \| Respond to of 12623

I believe Nettles indicated Ciena will lose money next quarter (1Q99). Fiber has a vast market, so is RAS. But it doesn't mean all that are in the business are winners. Only #1 and #2 survive, maybe #3. SHVA isn't among top 3. CIEN is #1 now, but with a dozen companies in this WDM market, I wonder where we are going? BTW, I like your enthusiasm and I'll be glad to sell you all my shares at a big discount to your prediction. Many people say "load up" this and that, there have been so many opportunities to do just that, where does all the extra money come from? The market has vaporized $1.5 trillion dollar this quarter alone.

To: jach who wrote (4152)	10/8/1998 7:55:00 AM
From: gbh	Read Replies (2) \| Respond to of 12623

Ciena is totally different from SHVA that is not making money now. Neither is CIEN. 4Q will likely show a loss, or at best break even. For a 30 to 40% growth rate company the price right now based on the earnings is incredibly low. You continue to post this total fabrication. At best, CIEN is projected to show NEGATIVE 30 percent growth over the next year. On next years earning's of maybe .30 to .50 (which many think is at best, a 50-50 shot), the PE is 20 to 30 at the current price of 9. Add in continued market turmoil, where real growth stocks are re-priced to real growth rates, and questionable stocks (like CIEN) are getting bludgeoned, and you will probably be able to buy another truck load at 6 or 7.