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Opinion on  Ciena Corp (CIEN)     Sector: Technology  >  Industry: Communications Equipment
Ciena 20080725

Jul 28, 2008 04:16 AM GMT
M100_hst
Return Risk
+143.86% MID
Sr. Analyst

Fundamental Analysis   Technical Analysis   Favorable/Unfavorable Valuation  

Ciena is in the fiber optic networking business.  Fiber optic networks are growing worldwide.  Verizon is installing FIOS all over the U.S.  Ciena will get a large part of that business.  The stock is close to long-term support at 21 and is poised to rally.


CIEN:  This call was made on 07/28/08 @ $21.62
Rating:   Positive   $21.62 (07/28/08)
Gain/Loss:   -43.39% in 1399 days
Target:   $32.00 (+48.01%) in Six months
Allocation:   6.2% of portfolio


Comments (3)

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