Saturday, May 12, 2012

Stock Alert - Ciena: Citi Pounds Table on Verizon Announcement- 5/12/12

Ciena (CIEN +8.4%) shares surge as Verizon (VZ +1.5%) says it is using Ciena technology as part of its plans to build additional control panel technology into its network infrastructure. Citi says the news allays concerns that CIEN's technology isn't being accepted by customers and should give investors better confidence in its long-term growth opportunities

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