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   Technology StocksCiena (CIEN)


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From: FUBHO11/23/2018 2:32:57 AM
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US asks allies to drop Huawei

nzherald.co.nz

The US government has initiated an extraordinary outreach campaign to foreign allies, trying to persuade wireless and internet providers in these countries to avoid telecommunications equipment from Chinese company Huawei, according to a Wall Street Journal report.

The move will ramp up pressure on GCSB Minister Andrew Little and Communications Minister Kris Faafoi, who both say the government has yet to make a decision on whether Huawei should be blocked form 5G upgrades in NZ - as security agencies in the US and Australia have already recommended.

Officials familiar with the current effort say concerns about telecom-network vulnerabilities predate the Trump era and reflect longstanding national-security worries, the Journal says.

It notes that the push comes as telcos around the world prepare to buy new hardware for 5G, the coming generation of mobile technology.

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US officials say they worry about the prospect of Chinese telecom-equipment makers spying on or disabling connections to an exponentially growing universe of things, including components of manufacturing plants, the Journal says.

The paper quotes an un-named US official who says, "There are additional complexities to 5G networks that make them more vulnerable to cyberattacks."

While US suspicion of Huawei is longstanding, its previous efforts have focussed on keeping the Chinese company out of the US. Now, it's broadening its battle lines.

Here, Little and Faafoi have been notably muted in their comments compared to politicians in the US and Australia, however. Little has said that New Zealand will make its own decision.

Pressure could be eased by the fact NZ does not host US forces - unlike Italy, Japan and Germany, whose telcos all use Huawei kit.

"One US concern centers on the use of Chinese telecom equipment in countries that host American military bases, according to people familiar with the matter," the Journal says. "The Defense Department has its own satellites and telecom network for sensitive communications, but most traffic at many military installations travels through commercial networks."

Huawei NZ deputy chief executive Andrew Bowater says there has never been any evidence tabled that his company is involved in espionage - and that reports inevitably quote un-named sources talking about un-specified incidents.

Under the Telecommunications (Interception Capability and Security) Act (2013), the GCSB has to approve technology used by network operators for telecommunications network upgrades, Bowater says.

Huawei faced similar scrutiny by the GCHQ in the UK, which shared results with New Zealand. It has passed.

However, Bowater also says Huawei will not bid for Spark, Vodafone or 2degrees' core 5G business, citing "sensitivities."

Huawei will bid to put 5G gear on the three telco's cellsites.

Spark boss Simon Moutter at the opening of his company's 5G Lab on Monday. The test site includes gear from Huawei, plus US company Cisco. Photo / Supplied.

The company says Spark's 5G Lab, which includes test 5G cellsite with a core (or brains of the network) provided by US Cisco and RAN (radio access network) gear from Huawei, proves the core can be isolated.

And while Huawei stridently refutes all espionage allegations as motivated by politics or protectionism, Bowater's counterpart across the Tasman has also pointed out, for those who do buy into the accusations, that Nokia Networks and Ericsson have joint enterprises with local manufacturers in China.

Any government bid to block Huawei in NZ would be a lot more complicated than Australia.

Huawei was blocked from Australia's public-private National Broadband Network (NBN) but, following advocacy by former Prime Minister and active Huawei booster John Key, its gear is riddled through the Ultrafast Broadband (UFB) and Rural Broadband Initiative (RBI) networks, as well as various parts of Spark, Vodafone and 2degrees' existing infrastructure.

Banning Huawei from 5G would imply all of its gear would have to be ripped out and replaced.

Telecommunications Users Association head Craig Young says that would be a disruptive and expensive process.


Spark and 2degrees have both said they want the government to produce proof of wrongdoing before any Huawei ban.

Faafoi and Little did not immediately respond to requests for comment.

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From: JakeStraw12/13/2018 8:09:37 AM
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Ciena Reports Fiscal Fourth Quarter 2018 and Year-End Financial Results
seekingalpha.com
Q4 Revenue: $899.4 million, increasing 20.8% year over year
Q4 Net Income per Share: $0.34 GAAP; $0.53 adjusted (non-GAAP)
Share Repurchases: Repurchased approximately 1.3 million shares of common stock for an aggregate price of $36.2 million during the quarter

“We achieved outstanding financial results in our fourth quarter and fiscal 2018 due to continued execution of our proven strategy," said Gary B. Smith, president and CEO, Ciena. "The combination of our innovation strength, successful interception of market trends and sustained ability to take share and outperform the market, along with a thriving industry environment, gives us tremendous confidence in both the near and longer term outlook for our business.”

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From: Henry Gondorff1/11/2019 10:21:56 AM
   of 12623
 
This Is Why CIEN Stock Is Poised to Hit $50 in 2019

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To: JakeStraw who wrote (12615)1/15/2019 1:50:41 PM
From: Sr K
   of 12623
 
NH today, $37.61.

Last 37.47.

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From: Sr K2/23/2019 2:44:56 AM
   of 12623
 
New all-time high Friday, closed .04 from the high.
Volume 2m+

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To: Sr K who wrote (12618)2/23/2019 2:56:26 AM
From: Sultan
1 Recommendation   of 12623
 
Not that it matters (I don't hold a position) but it is not all time high .. All time high was set in 2000 and I remember it well.. sigh..

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To: Sr K who wrote (12618)2/23/2019 3:11:50 AM
From: FUBHO
   of 12623
 
Please click on the max button on a chart of CIEN. It closer to its all time low, than high.

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From: FUBHO3/5/2019 10:13:06 AM
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Huawei says it would never hand data to China’s government. Experts say it wouldn’t have a choice

CNBC ^ |
Mon, Mar 4 2019 • 8:13 PM EST | Updated 3 hours ago | Arjun Kharpal

Huawei would have no choice but to hand over network data to the Chinese government if Beijing asked for it, because of espionage and national security laws in the country, experts told CNBC. Major governments including the United States, Japan and Australia have blocked the Chinese telecommunications equipment maker from providing hardware for next-generation mobile networks known as 5G. The U.S. has said Huawei equipment could provide backdoors for the Chinese government into American networks — a claim the company has repeatedly denied. Australia did not cite specific countries or companies, but last year it gave guidance to domestic carriers...

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From: FUBHO6/6/2019 11:07:00 AM
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CIEN has manufacturing in Mexico I just found out in their conference call. Each 5% increase in Mexico tariffs impacts their gross margin by 1%... 13 minute mark in call. What the hell are they making in Mexico.

event.on24.com

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To: Henry Gondorff who wrote (12616)9/8/2019 8:26:47 AM
From: The Barracuda™
   of 12623
 
Alan Knuckman — our eyes and ears at the CBOE — says: “Well over 99% of all data traffic running between the continents of the world goes through fiber-optic cables on the bottom of the ocean like this…



A deep-sea view of Sydney

And Alan says the 5G revolution won’t change that. “The problem is that the cables can only handle so much traffic,” he says. The 700,000 miles of submarine cables around the globe are simply inadequate.

“And all of the data will end up in data centers, facilities filled with electronic storage equipment.” Data storage ain’t cheap, requiring massive quantities of electricity to keep hardware at Goldilocks temperatures.

That’s why more companies are opting to build data centers in countries where electricity’s plentiful and cheap. “Google, Facebook and Amazon just announced that they're building out new data centers in Sweden, for instance.

“Of course, these data centers need to connect with the data centers here in the States,” says Alan. “And that's where submarine networks come in.

“According to TeleGeography,” he continues, “a leading authority on the international telecommunications market, the demand for submarine networks is going to compound at 40% annually.

“In other words, the 5G wave is going to double the demand for submarine networks about every year and a half.

“With the need for so many new connections,” Alan says, “it's an incredible opportunity for the company that leads the pack in building submarine cable networks.”

One such company is Ciena Corp. (CIEN) that “partners with 85% of the world's largest service providers for their fiber-optic and underwater internet network needs.” Big telecoms like AT&T, T-Mobile, Ericsson, Verizon… and many more.

Ciena doesn’t just lay cable on the ocean floor; the company’s a one-stop shop for telecoms: “It's the only vendor that addresses the systems, services, software and components… [for the] industry.”

And the 5G transition’s kicking Ciena’s profitability into high gear…

In 2016, before 5G, Ciena netted $125 millionIn 2017, when companies started shifting to next-generation wireless, Ciena made $1.6 billion.That’s a mind-blowing increase of 1,171% in just one year…

“That kind of earnings growth hasn't gone unnoticed,” says Alan, “In the last 21 months, Ciena's stock has climbed 112.09%.

“Remember, the demand for undersea cables alone is expected to increase by 40% a year for the foreseeable future. And Ciena's products can be found in 85% of the market.

“Based on Ciena's expected cash flow, my calculations put the shares at $66.65,” says Alan. This morning, shares are priced at $39.65, setting you up for a gain over 60%.

Alan’s take: “Buy Ciena before all the quick 5G gains get squeezed out.”

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