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

To: john dodson who wrote (6486)	2/18/1999 5:35:00 PM
From: Adrew Thanh	Read Replies (2) \| Respond to of 12623

John, in this market, its not up to you and me or the rest of us on this thread think. If the MMs wanted CIEN to go up then they will find some good things to say about this quater. Firs call projected a loss of 1c. According the analysts survey, the high end estimate called for break even quarter and low end for loss of 2c.

To: john dodson who wrote (6486)	2/18/1999 5:37:00 PM
From: Robert	Read Replies (3) \| Respond to of 12623

CBS Market Watch shows CIENA at the VERY TOP of a long list of positive earnings surprises. They show a 300 percent up-side earnings surprise. Merrill Lynch indicated a 1c loss as their expectation for the quarter. First Call indicated (1c) as well. I think we can confirm that they beat expectations. Of course, that doesn't mean the stock is moving up tomorrow....Nobody answers my questions on this thread. What's with you guys?....R

To: john dodson who wrote (6486)	2/18/1999 5:46:00 PM
From: Chris Lin	Read Replies (2) \| Respond to of 12623

Oh, I'd like to compare AMAT to CIEN here. AMAT earned 42.5 mil (11 cents/share) on revenue of 742 mil this quarter. This compares to net income of 197.8 mil (52 cents/share) on revenue of 1.31 billion same quarter last year. Pretty bad, huh? Yet, AMAT is not only recovering, it is standing at its all time high now. How do you explain this? CIEN is definitely on the recovery path. Its visibility is getting higher with those new contracts. It can only go up from here.