Buy, Sell or Hold: Ciena Corp. (Nasdaq: CIEN), the Second Company to Profit from the Global Broadband Arms Race

In last week’s Buy, Sell or Hold I recommended Corning Inc. (NYSE: 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. budget...