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: JFTRADERS who wrote (5362)	11/7/1998 7:42:00 AM
From: ted	Read Replies (1) \| Respond to of 12623

Excerpted from this coming Monday's (Nov. 9) cover story. A panel discussion on the direction of technology: "Q: Out-of-favor does not even begin to explain what's happened to Advanced Fibre. McNamee: And ditto for Ciena. Both of those companies, though, are well positioned. We also own a lot of EMC, which sells storage infrastructure for the network. Q: Both Ciena and Advanced Fibre have been so badly beaten down -- might either company end up getting acquired? McNamee: I don't have a clue. All I know is, they serve really big markets and have tremendous growth opportunity. They're certainly well enough positioned that it's easy to imagine another company coming in and acquiring them. But you don't need that to make them interesting stocks. Q: Kevin, you own those stocks, too. Landis: Both of them. Let's talk about Ciena for a moment. One of the sea changes in technology is the move toward photonics -- the use of light to carry information over optical fiber. Fiber carries long-distance calls, and most of the miles traveled by your E-mail. The evolution of networks is one of cannibalization -- and in photonics, Ciena is one of the pioneers."