Ciena gains on strong Q1 rev view
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CSFB upgrades Ciena to neutral (CIEN)
By Aude Lagorce
LONDON (CBS.MW) -- Credit Suisse First Boston upgraded networking equipment maker Ciena Corporation (CIEN) to neutral from underperform on the company's good operating performance in the fourth quarter. The broker said that following the results, "it is clear that in the near term, Ciena has seen an increase in its pipeline of business and, in turn, an improvement in revenue visibility." Yet CSFB said it continues to believe that Ciena "faces formidable hurdles in executing on and driving sustainable long-term profitable growth by way of its market expansion strategy." CSFB concluded that investors "should be in no rush to accumulate shares at current levels."
By Aude Lagorce
LONDON (CBS.MW) -- Credit Suisse First Boston upgraded networking equipment maker Ciena Corporation (CIEN) to neutral from underperform on the company's good operating performance in the fourth quarter. The broker said that following the results, "it is clear that in the near term, Ciena has seen an increase in its pipeline of business and, in turn, an improvement in revenue visibility." Yet CSFB said it continues to believe that Ciena "faces formidable hurdles in executing on and driving sustainable long-term profitable growth by way of its market expansion strategy." CSFB concluded that investors "should be in no rush to accumulate shares at current levels."
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Visitante
Por acaso tinha apanhado a 1ª onda da Ciena quando aquilo galgou dos 2,09 até aos 2,6 mas entretanto aquilo afrouxou meteu -se a AMCC que entretanto já vendi
perdi este salto da CIENA por acaso tenho que fazer as contas se andar para aqui a apanhar cada onda compensa a uma estratégia de Buy and Keep logo se vê ...
Aqui no Caldeirão no Longo Prazo estamos todos ricos ... no longuissimo prazo os nossos filhos estarão ainda mais ricos ...
Sobre o famoso nem pio
, parece que ficou ainda com força( no after andou nos 90/91).
Com um volume de 84M , faz um fecho a 88 depois de ter feito, como máximo os 99....agora tem pela frente a zona dos 3/3.12 que certamente vão ser um osso duro de roer,mas...nada é impossivel
De salientar o fecho do gap e a quebra dos 2.66...tocou e upa...upa
Cmpts
Com um volume de 84M , faz um fecho a 88 depois de ter feito, como máximo os 99....agora tem pela frente a zona dos 3/3.12 que certamente vão ser um osso duro de roer,mas...nada é impossivel
De salientar o fecho do gap e a quebra dos 2.66...tocou e upa...upa
Cmpts
- Anexos
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- ciena.png (18.48 KiB) Visualizado 780 vezes
grão a grão enche a galinha o papo
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Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
----------------------------------
Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
Continuem á espera da ................
exaustão , que eu continuo acumular. Os números, a liquidez e o outolook falam por si.
Um abraço
Um abraço
Mais vale um pássaro na mão que dois a voar
www.ac-investor.blogspot.com - Now with trade Alerts for US stocks
www.ac-investor.blogspot.com - Now with trade Alerts for US stocks
Bem depois do combate revigorante de ontem
hoje é dia de falar de assuntos mais sérios para vos dizer que a CIENA tal como tinha previsto lá está a mostrar toda a sua força
Um abraço
Vasco
Um abraço
Vasco
Aqui no Caldeirão no Longo Prazo estamos todos ricos ... no longuissimo prazo os nossos filhos estarão ainda mais ricos ...
Cá para mim, vai fazer o mesmo percurso que a JDSU. Vai-se manter nessa zona uns tempos para depois voltar para baixo de onde partiu e assim fechar o gap. É o meu palpite. Infelizmente, tenho andado de fora, não só da Cien, mas de toda a bolsa por motivos de saúde, mas se tiver indícios de que estou certo, irei shortar. Por enquanto, vou observando.
Paulo Moreira
Ertai- Escreveu:Vamos considerar isto como um Break Away Gap? ou uma Gap de exaustão?![]()
Com um Gap destes é dificil para alguem de fora decidir-se a entrar ou não..
Comps
complicado de o dizer por agora,Ertai, mais logo e dependendo da vela já se pode tirar algumas conclusões no entanto, os gap's de exaustão precisam sempre de confirmação.Para já, apresenta ainda mt força, vamos ver mais pela noitinha...
fica o gráfico actualizado, onde chamo a atenção para o enorme volume...
Abraço e
Cmpts
- Anexos
-
- ciena.png (16.32 KiB) Visualizado 892 vezes
grão a grão enche a galinha o papo
----------------------------------
Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
----------------------------------
Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
O CEO da ciena vai estar em directo na cnbc ás 10h
http://moneycentral.msn.com/Content/CNB ... stList.asp
http://moneycentral.msn.com/Content/CNB ... stList.asp
CIEN
Thursday, December 09, 2004 8:51 a.m. EST
Dear Subscriber to TheStreet.com Stocks Under $10,
Wednesday we offered a list of five low-priced stocks
that we believe have the potential to make big moves
between now and the end of the year. This morning, another
notable low-dollar stock, telecommunications equipment
play Ciena (CIEN:Nasdaq), is on the move, and we want to
share with you what has changed for this down-and-
out optical transport play, and why we think it should be
added to that list even after making a 10% move higher to
$2.77 a share in pre-market trading.
This morning Ciena announced better-than-expected fourth-
quarter results, with its loss of 6 cents per share
beating the Street consensus by a penny. In addition,
first-quarter sales guidance of $87.7 million to $90.2
million is well ahead of the forecasts' $81.6 million
estimate. In its earnings release, Ciena CEO Gary Smith
said that, in the short term, he expects customer spending
patters to drive revenue growth 7%-10% higher sequentially
in the first quarter.
The strong quarter, combined with the company's solid
balance sheet that can weather short-term capital spending
lumpiness, gives us the confidence to back this volatile
stock that we would normally let go by the boards. (We
aren't adding the stock to our portfolio because we are
fully invested right now, but we will keep it on our
screen for the time being.) At the end of October, Ciena
had close to $1 billion in cash and short-term investments
and a book value of more than $3 a share. In other words,
you are getting a potential double digit top line grower
for less than its break-up value. In addition, the company
is reducing operating costs and its gross margins are
rising, reaching 29.5% in the quarter from 24.9% last
quarter.
It's been a rocky ride down this year for Ciena. The stock
traded as high at $7.97 a share back in January, but a
couple of quarterly hiccups turned the Street negative on
Ciena in a hurry and the stock hit a low of $1.67 as
recently as August.
There has been talk that Ciena could be a takeover
candidate with its low valuation, but the company is still
integrating a lot of different acquisitions and this makes
the potential takeover scenario less likely. But the
Street hates this stock with a passion, but one or two
good numbers should push its shares back toward $5 a
share, or 1.5 times its book value.
Today was one good number, but we would expect the move
higher to fade when some of the 27 analysts who have hold
or sell ratings on Ciena remind the Street how bad they
think this company is. However, one more good number could
force a lot of peoples' hands, and we believe a stake in
Ciena here represents a lottery ticket that has better
odds than recent speculative movers like Genta
(GNTA:Nasdaq) or CMGI (CMGI:Nasdaq).
Regards,
The TSC Investment Team
Send email to stocksunderten@thestreet.com
David Peltier and William Gabrielski, writers of
TheStreet.com Stocks Under $10, are research associates
at TheStreet.com.
Mr. Peltier is a contributor to TheStreet.com Save Safe
Plan and maintains the model portfolio for that product.
TheStreet.com is a publisher and a registered investment
adviser. TheStreet.com Stocks Under $10 contains the
authors' own opinions, and none of the information
contained therein constitutes a recommendation that any
particular security, portfolio of securities, transaction,
or investment strategy is suitable for any specific
person. You further understand that Messrs. Peltier and
Gabrielski will not advise you personally concerning the
nature, potential, value or suitability of any particular
security, portfolio of securities, transaction, investment
strategy or other matter. To the extent any of the
information contained in TheStreet.com Stocks Under $10
may be deemed to be investment advice, such information is
impersonal and not tailored to the investment needs of any
specific person.
Past results are not necessarily indicative of future
performance. Investing in the stocks chosen for
TheStreet.com Stocks Under $10 model portfolio is risky
and speculative. The companies may have limited operating
histories and little available public information, and the
stocks they issue may be volatile and illiquid. Trading in
such securities can result in immediate and substantial
losses of the capital invested. You should use only risk
capital, and not capital required for other purposes, such
as retirement savings, student loans, mortgages or
education. As editorial employees of TheStreet.com, Mr.
Peltier and Mr. Gabrielski are restricted from owning
individual securities other than stock or options in
TheStreet.com, Inc.
Dear Subscriber to TheStreet.com Stocks Under $10,
Wednesday we offered a list of five low-priced stocks
that we believe have the potential to make big moves
between now and the end of the year. This morning, another
notable low-dollar stock, telecommunications equipment
play Ciena (CIEN:Nasdaq), is on the move, and we want to
share with you what has changed for this down-and-
out optical transport play, and why we think it should be
added to that list even after making a 10% move higher to
$2.77 a share in pre-market trading.
This morning Ciena announced better-than-expected fourth-
quarter results, with its loss of 6 cents per share
beating the Street consensus by a penny. In addition,
first-quarter sales guidance of $87.7 million to $90.2
million is well ahead of the forecasts' $81.6 million
estimate. In its earnings release, Ciena CEO Gary Smith
said that, in the short term, he expects customer spending
patters to drive revenue growth 7%-10% higher sequentially
in the first quarter.
The strong quarter, combined with the company's solid
balance sheet that can weather short-term capital spending
lumpiness, gives us the confidence to back this volatile
stock that we would normally let go by the boards. (We
aren't adding the stock to our portfolio because we are
fully invested right now, but we will keep it on our
screen for the time being.) At the end of October, Ciena
had close to $1 billion in cash and short-term investments
and a book value of more than $3 a share. In other words,
you are getting a potential double digit top line grower
for less than its break-up value. In addition, the company
is reducing operating costs and its gross margins are
rising, reaching 29.5% in the quarter from 24.9% last
quarter.
It's been a rocky ride down this year for Ciena. The stock
traded as high at $7.97 a share back in January, but a
couple of quarterly hiccups turned the Street negative on
Ciena in a hurry and the stock hit a low of $1.67 as
recently as August.
There has been talk that Ciena could be a takeover
candidate with its low valuation, but the company is still
integrating a lot of different acquisitions and this makes
the potential takeover scenario less likely. But the
Street hates this stock with a passion, but one or two
good numbers should push its shares back toward $5 a
share, or 1.5 times its book value.
Today was one good number, but we would expect the move
higher to fade when some of the 27 analysts who have hold
or sell ratings on Ciena remind the Street how bad they
think this company is. However, one more good number could
force a lot of peoples' hands, and we believe a stake in
Ciena here represents a lottery ticket that has better
odds than recent speculative movers like Genta
(GNTA:Nasdaq) or CMGI (CMGI:Nasdaq).
Regards,
The TSC Investment Team
Send email to stocksunderten@thestreet.com
David Peltier and William Gabrielski, writers of
TheStreet.com Stocks Under $10, are research associates
at TheStreet.com.
Mr. Peltier is a contributor to TheStreet.com Save Safe
Plan and maintains the model portfolio for that product.
TheStreet.com is a publisher and a registered investment
adviser. TheStreet.com Stocks Under $10 contains the
authors' own opinions, and none of the information
contained therein constitutes a recommendation that any
particular security, portfolio of securities, transaction,
or investment strategy is suitable for any specific
person. You further understand that Messrs. Peltier and
Gabrielski will not advise you personally concerning the
nature, potential, value or suitability of any particular
security, portfolio of securities, transaction, investment
strategy or other matter. To the extent any of the
information contained in TheStreet.com Stocks Under $10
may be deemed to be investment advice, such information is
impersonal and not tailored to the investment needs of any
specific person.
Past results are not necessarily indicative of future
performance. Investing in the stocks chosen for
TheStreet.com Stocks Under $10 model portfolio is risky
and speculative. The companies may have limited operating
histories and little available public information, and the
stocks they issue may be volatile and illiquid. Trading in
such securities can result in immediate and substantial
losses of the capital invested. You should use only risk
capital, and not capital required for other purposes, such
as retirement savings, student loans, mortgages or
education. As editorial employees of TheStreet.com, Mr.
Peltier and Mr. Gabrielski are restricted from owning
individual securities other than stock or options in
TheStreet.com, Inc.
-
Visitante
Ciena gains on strong Q1 rev view
Agradece-se um gráfico actualizado
Ciena gains on strong Q1 rev view
By CBS MarketWatch
Last Update: 8:03 AM ET Dec. 9, 2004
NEW YORK (CBS.MW) - Shares of Ciena surged in pre-market action early Thursday after the Linthicum, Md., maker of optical networking equipment forecast sequential revenue growth of 7 to 10 percent for the first quarter.
The stock (CIEN: news, chart, profile) was the most active issue on Instinet, gaining 13.7 percent to $2.66 on volume of 82,701.
The company also posted its fourth-quarter results, saying its loss swelled to $495.1 million, or 87 cents per share, from a loss of $115 million, or 24 cents per share, in the same period a year earlier.
The latest results included a goodwill impairment charge of $371.7 million. Excluding items, Ciena said it lost 6 cents per share in the October quarter. Revenue rose 16.1 percent year-over-year to $82 million from $70.6 million.
The average estimate of analysts polled by Thomson First Call was for a loss of 7 cents per share in the fourth quarter on revenue of $76.2 million.
"We have taken a number of important steps toward restoring health and profitability to our business, and we have set the stage for continued meaningful improvements to Ciena's operating model," said Gary Smith, the company's president and CEO.
Wall Street's current consensus view for the first quarter is for a loss of a nickel per share on revenue of $81.6 million.
Ciena gains on strong Q1 rev view
By CBS MarketWatch
Last Update: 8:03 AM ET Dec. 9, 2004
NEW YORK (CBS.MW) - Shares of Ciena surged in pre-market action early Thursday after the Linthicum, Md., maker of optical networking equipment forecast sequential revenue growth of 7 to 10 percent for the first quarter.
The stock (CIEN: news, chart, profile) was the most active issue on Instinet, gaining 13.7 percent to $2.66 on volume of 82,701.
The company also posted its fourth-quarter results, saying its loss swelled to $495.1 million, or 87 cents per share, from a loss of $115 million, or 24 cents per share, in the same period a year earlier.
The latest results included a goodwill impairment charge of $371.7 million. Excluding items, Ciena said it lost 6 cents per share in the October quarter. Revenue rose 16.1 percent year-over-year to $82 million from $70.6 million.
The average estimate of analysts polled by Thomson First Call was for a loss of 7 cents per share in the fourth quarter on revenue of $76.2 million.
"We have taken a number of important steps toward restoring health and profitability to our business, and we have set the stage for continued meaningful improvements to Ciena's operating model," said Gary Smith, the company's president and CEO.
Wall Street's current consensus view for the first quarter is for a loss of a nickel per share on revenue of $81.6 million.
-
Visitante
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