Jon (and lt cap),

Yeah, that's why I bought a bit more CIEN today at 39.79. It's falling in sympathy with CSCO, which is down 8% on earnings that beat everything slightly to moderately. But their

guidance was below expectations. And although China, and the expected slowdown in revenue from that area is (IIRC) expected to be down around 3% in the coming quarter,

the market is reacting as if the sky is falling.

So, the question is: Is it, as the market seems to think, just the beginning of a continuing stream of poor results because of the trade war with China, or, is it an over-reaction

by the market, and thus a buying opportunity?

Does anyone have an idea of how much China exposure CIEN has? I *thought* they primarily sold to American companies, like ATT. Chime in if you have a guess, thanks.

Earnings on CIEN is due on Sept. 5th.