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CIENA (NASDAQ:CIEN) Nortel MEN Revenue Uncertainty Concerns Analysts

Filed in auriga, ciena, earnings, Gold Bullion prices, Gold Prices, o, revenue by on November 26, 2010 0 Comments

The inability to get a firm grip on the actual run rate of revenues for the Nortel MEN group makes the stock a hard one to call, according to Auriga, which lowered earnings estimates on the company, while maintaining a “Hold” rating on them. Auriga said, “Despite the near-term hurdles with respect to the macro environment and the pending launch of the 5400 platform, we recognize that successful

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