Top Heavy Ciena
3:30 PM -- Another nugget mined by Ray Le Maistre, International News Editor, while covering Ciena's earnings call:
— Phil Harvey, News Editor, Light Reading
Ciena CEO Gary Smith was just been named as the "Most Outrageously Overpaid CEO" by MSN's Moneycentral Web site, thanks to his $41.2 million cash and stock compensation during the past four years, during which time Ciena's share price has tanked by 93 percent.
— Phil Harvey, News Editor, Light Reading