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

To: Sawtooth who wrote (6111)1/17/1999 1:38:00 AM
From: Sye Walsh  Read Replies (1) | Respond to of 12623
 
Good Old Ciena

This stock is just a rolling machine.

A money machine that is. Sye



To: Sawtooth who wrote (6111)1/17/1999 12:16:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 12623
 
So, Cien is currently trading at 10 times est. fy '99 earnings? And it trades within a
dollar or so of WDC which is est. to lose > $3.00 for it's fy ended 6/99? Wow! What am
I missing here???

Tim,

A wild guess is that the disk drive sector is hot again. No other reason.

Glenn


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