Ciena Corp., The Second Company To Profit From The Global Broadband Arms Race
Posted on May 18, 2009 at 11:36 AM EDT
In last week’s Buy, Sell or Hold I recommended Corning Inc. (GLW), based on three factors: The coming global “arms race” to get nationwide broadband connectivity. The arms race recently heated up with the launch of Australia’s $31 billion nationwide broadband plan, which dwarfs the $7 Billion contemplated in the current U.S. ...