Ciena has issues and it's not a good place to be at right now. On the other hand - is there a good place to hide anywhere nowdays...
C
,
Tuesday 2/23/10 12:00 AM
At 40X 2011 earnings per share estimates Ciena is still nearly 2X away. The stock CIEN appears fully priced for aggressive street expectations. CIEN is an expected beneficiary of 3G optical systems sales as carriers upgrade while waiting for 4G to roll out more meaningfully in 2012.
Post a news comment, question or message: