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

To: Kevin G. O'Neill who wrote (5931)	12/16/1998 3:43:00 PM
From: still learning	Respond to of 12623

Now there's a ringing endorsement.

To: Kevin G. O'Neill who wrote (5931)	12/16/1998 5:57:00 PM
From: Hector	Read Replies (1) \| Respond to of 12623

Kevin, Don't worry Kevin. After it goes up another 20 points, the same analyst will come out with a "strong buy rating". How come more people don't wonder about analysts' rankings? Did you hear the one on Amazon today? The analyst said he could see it going to $400. What he didn't say was that it will only get to $400 if the "greater fool theory" stays in place for the coming year and under the right circumstances it could also go to $5, which is equal to fundamental value. Regards, Dave

To: Kevin G. O'Neill who wrote (5931)	12/17/1998 1:10:00 AM
From: jach	Read Replies (3) \| Respond to of 12623

no value starting neutral; gramdma said "nothing nice to say keep one's mouth shut". After the facts, follow-the-herds, a half-brain-dead person can do this type of rating half asleep. imo. CIEN still has great technology and they still own more than 50% of DWDM market. Almost every high-tech companies went thru this type of growth pain. There are typically four stages for a high-tech company; first stage - to go public second stage - 100 million $ rev third stage - 400 to 500 million $ rev fourth stage - 1B $ rev CIEN is at third stage now and needs to grow to the fourth stage. The last qtr earnings release reflected this. This means to bring new products and partners with companies like CSCO. IMO, CIEN has the capability to do it, that is to move to 1B$ company stage. The stage after 1B$ revenue depends on how each company broadens their related markets. CIEN valuation now is also extremely attractive for companies looking to get into the WDM market, mkt cap of 1.5B$ for a 500m$ revenue stream.