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Ciena Corporation Message Board

  • lankyosis lankyosis Jul 9, 2013 7:23 PM Flag

    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.

    Sentiment: Buy

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    • 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.

      Sentiment: Hold

    • 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!!!

      Sentiment: Strong Buy

 
CIEN
21.08-0.54(-2.50%)May 5 4:01 PMEDT