Wednesday, October 11, 2006

Stable Growth and Recent Reverse Split --- CIEND


Ciena Corporation supplies communications networking equipment, software, and services to telecommunications service providers, cable operators, governments, and enterprises.

Its old symbol was CIEN. It had a reverse 1:7 split on 9/25/06.

Its closing price, as of 10/11/06, is $24.80. It is good for short and long-term investors.

My suggestion: Buy (7.5)