Level 3 Government Contract? When will this be announced?
An article I read said it's between CIEN and another Co., which I don't remember.....I think they said CIEN is suppose to get the contract.....The thing is, it is a HUGE gov contract.....This news was 2 months ago and we have heard nothing since then......WHEN WILL THEY ANNNOUCE CIEN gets the deal?????
Anyone know anything on this???????
When it's announced CIEN should POP to $26.....I'm afraid to take profits before this crucial announcement.
That news is pending and I'm also waiting for a press release announcing AT&T's infrastructure spending. AT&T I believe is CIEN #1 customer and 4th quarter last year it was announced that AT&T was going to spend 14B over the next 3 years upgrading their equipment. CIEN is to play a huge role in the upgrades.
Interesting...I did not know this...which is probably why this bull flag/triangle/pennant is holding up so well...
Maybe in a day or two since this pennant formation is tightening along with the Bollinger bands constricting!!!