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

To: john dodson who wrote (5756)	12/7/1998 12:23:00 AM
From: John M. Gelnieau	Respond to of 12623

In the Q3 call Nettles said specifically that the guidance was designed to err on the conservative. Therefore, unless the business has completely died I expect a slight surprise. Regarding analyst's estimates dropping each of the last three weeks I only am hoping that they are trying to set CIEN up for upside surprise. However, if you look at the whisper number it does not jive with estimates being taken down to -.04 last week. Only few days to go and we will see where we stand.

To: john dodson who wrote (5756)	12/7/1998 9:45:00 AM
From: Gabor	Respond to of 12623

Very good point. Regards Gabor P.S. If earnings are very bad we could be re visiting 15.