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

To: pass pass who wrote (5864)12/11/1998 10:34:00 AM
From: Bald Man from Mars  Respond to of 12623
 
I think they should do it soon, or else if they act desparate, they will not get a decent price ...



To: pass pass who wrote (5864)12/11/1998 2:58:00 PM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 12623
 
pass pass:

i agree

and sooner than later

RESEARCH ALERT - CIENA downgraded

NEW YORK, Dec 11 (Reuters) - BT Alex. Brown said Friday it cut its rating on Ciena Corp. to buy from strong buy.

-- On Thursday, the telecommunications equipment maker posted a fourth quarter loss on a 30 percent drop in revenues and said continued investments in marketing and product development may cause additional near-term losses.

-- Shares off 2 at 15-3/8.


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