Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: john dodson who wrote (6872)	4/5/1999 7:11:00 PM
From: Sr K	Respond to of 12623

There's a CYA 8-K, an 8-K/A and a 10-K/A filed today. The first includes a lot of cautionary statements, but it doesn't look new to me.

To: john dodson who wrote (6872)	4/5/1999 7:53:00 PM
From: Robert	Read Replies (2) \| Respond to of 12623

I don't understand the comparisons to ASND that propagate on this thread. You hit it on the head: Ascend was making money consistently. Ciena is vulnerable to failures to renew any one of its contracts. When a company has no diversification, you have to worry. Any piece of news could send the stock spiralling in either direction. It's just too risky a play. Why not bet on something like Oracle, rather than a highly speculative company that is many quarters from proving its products will survive major competitors advances. You could have bought Dell a week or so ago at $35. It just makes no sense to be in Ciena at this time....My opinion.......I haven't heard any reasonable rebuttal, and I supsect none is coming.....R