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


To: Gary Wisdom who wrote (5847)12/10/1998 10:28:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 12623
 
Did anyone else listen to the CC?

I did. I can't imagine anyone upgrading the stock tomorrow based on the cc but at the same time, there was really nothing awful or negative on the call.

They issued a statement urging caution only because the "business visibility" for business beyone the first quarter is "cloudy" meaning that if they get contracts, it'll be good, if they don't, it won't be as good.

They sounded like they thought the market for their products is huge and it's just a matter of getting the business.

Sounds prudent to me. Of course, how the Street reacts is anyone's guess.

All the big firms were present on the cc.