Showing posts with label Optical Switching. Show all posts
Showing posts with label Optical Switching. Show all posts

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.