re: Ciena CEO: Slowdown Looks ShortlivedIs this view that the Tier 1 carrier spending slowdown will be shortlived just wishful thinking on Smith's part?
Or will the capex hiccup last much longer than a few quarters?
re: Ciena CEO: Slowdown Looks Shortlived Or could it be really a problem primarily for Ciena? They missed the top line by 30%. Nobody else has whiffed that badly.
re: Ciena CEO: Slowdown Looks ShortlivedCould be one of those rush to book things to make the 2nd quarter numbers, either knowing they were going to miss 3rd quarter numbers, worrying about the immediate problem and not the future one, or hoping things would pick up.
re: Ciena CEO: Slowdown Looks ShortlivedLets not forget that customers also have a say in when revenues are booked. It is quite possible that AT&T just decided to stop spending money. The already noted sudden nature of the decline implies that one big customer is to blame.
re: Ciena CEO: Slowdown Looks Shortlivedmg: Yes, I'd agree with the AT&T theory. I don't have the transcript handy, but I think one of the analysts on the earnings call said something along the lines of, "Cmon, just tell us it's AT&T, it's obvious."
Or will the capex hiccup last much longer than a few quarters?