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


To: MARU CAT who wrote (6353)2/4/1999 12:59:00 PM
From: David Harker  Read Replies (2) | Respond to of 12623
 
Not really, but I like the huge volume that shows up on each
upswing - that is a very good sign. This seems like more than
just rumors causing private investors to buy - the volume
seems too big for that. My plan is to hold this until it
is acquired, then see who is buying it... probably sell at
that point. Note volume related to up-swings:

iqc.com

If not acquired soon, I'm keeping it (long-term), no one else
seems to have 40 channel DWDM, or soon-to-have 96... as
long as that stays true I'll keep it. Currently, CIEN still
leads, in spite of CSCO saying 'it is a commodity' and
TLAB ceo saying 'anyone can do it'. If those statements
are true, where are all the 40 and 96 channel competing products?

It is certain that over the next several years the internet
backbone is in need of lots of DWDM, as the 'last mile
to the home' becomes much faster. CIEN will get their share of
that business, as long as they stay on the leading edge of the tech.

That's my take on CIEN...