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

To: Glenn D. Rudolph who wrote (7116)	5/20/1999 10:28:00 AM
From: Doughboy	Respond to of 12623

I don't know when this adjustment was made, but it's obviously pretty late for H&Q. Even so, it remains a bit high. Ciena's guidance has been that this year will be break-even, so a $.06 estimate remains optimistic. Don't get carried away with the new customer announcements. They are contributing little to no revenue this quarter. If you take a look at Bell Atlantic, for example, they announced a deal more than a year ago, and it wasn't until recently that BEL installed and paid for a system. Doughboy.