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Thursday, Jan 17
Ciena (CIEN +3.7%) rallies after announcing Comcast will deploy the company's 6500...
Ciena (CIEN +3.7%) rallies after announcing Comcast will deploy the company's 6500 Packet-Optical platform, which puts Ethernet switching and optical transmission capabilities in the same box. Moreover, the 6500 will be used to support 100G optical links with the help of Ciena's WaveLogic processors - investors are counting on 100G deployments to fuel 2013 growth. Ciena moved higher yesterday in response to Adtran's Q1/2013 guidance. Rival Infinera was upgraded this morning by JPMorgan.