Thread regarding Ciena Corp. layoffs

At 40X 2011 earnings per share estimates Ciena is still nearly 2X away

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.

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