Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

How Ciena Cashes in on the Cloud

Long Ideas

Does the Ciena Corporation make money in the Cloud?

I think Ciena’s business revenues are shrinking because executives are afraid to buy new equipment. Executives were afraid to buy equipment because of the economic uncertainty COVID-19 generated. Now that the pandemic is easing, and the economy is recovering, I predict sales growth at Ciena Corp (CIEN).

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