Thursday, July 5, 2007

Ciena Corp.

Ciena Corp. is among the world’s largest Communications Equipment sector businesses in the world.  Ciena Corp.’s employees generate $32.9M in profits on $671.1M of revenue.  Global output in the Communications Equipment business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Ciena Corp. is determined to remain a market leader.  Sectoral leadership in the Communications Equipment segment takes dedication and consistency, but management seeks out-sized growth.

Ciena Corp.’s ticker symbol CIEN has recently been trading near $36.90 a share.  The Ciena Corp. corporate headquarters in Linthicum, MD predicts Communications Equipment profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $3.151B ensures sufficient liquidity.  With a beta of 2.44, the company is more volatile than the market as a whole.  When the average equity moves higher, Ciena Corp. moves more aggressively.

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