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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
Ciena Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
17177910
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(CUSIP Number)
Check the following box if a fee is being paid with this / / statement. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on the following page(s))
Page 1 of 5 Pages
2
CUSIP NO. XXXXXX-XX-X PAGE 2 OF 5 PAGES
- -----------------------------------------------------------------------------------------------------------
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Oak Associates, ltd. |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] |
| | --- |
| | (b) [ ] |
| | --- |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | U.S.A. |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 7,097,000 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 0 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 0 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
| | | 7,097,000 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 7,097,000 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |
| | [ ] |
| | ----- |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 6.87% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IA |
- -----------------------------------------------------------------------------------------------------------
Page 2 of 5
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. )
ITEM 1 (A). NAME OF ISSUER:
Ciena Corp.
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ITEM 1 (B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
920 Elkridge Landing Rd.
- --------------------------------------------------------------------------------
Linthicum, MD 21090
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ITEM 2 (A). NAME OF PERSON FILING:
Oak Associates, ltd.
- --------------------------------------------------------------------------------
ITEM 2 (B). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
3875 Embassy Pkwy., Suite 250
- --------------------------------------------------------------------------------
Akron, OH 44333
- --------------------------------------------------------------------------------
ITEM 2 (C). PLACE OF ORGANIZATION:
State of Ohio
- --------------------------------------------------------------------------------
ITEM 2 (D). TITLE OF CLASS OF SECURITIES:
Common Stock
- --------------------------------------------------------------------------------
ITEM 2 (E). CUSIP NUMBER:
17177910
- --------------------------------------------------------------------------------
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D - 2 (B), INDICATE TYPE OF PERSON FILING:
Person filing is a Parent Holding Company, in accordance with
240.13d - 1(b)(ii)(G)
- --------------------------------------------------------------------------------
Page 3 of 5
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ITEM 4. OWNERSHIP:
(a) Amount of beneficially owned: shares
---------------------
(b) Percent of class: 6.87%
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 7,097,000
--------
(ii) Shared power to vote or to direct the vote 0
--------
(iii) Sole power to dispose or to direct the disposition of 0
--------
(iv) Shared power to dispose or to direct the disposition of 7,097,000
--------
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
Other persons are known to have the right to receive or
the power to direct the receipt of dividends or the
proceeds from the sale of these securities. Those persons
whose interest relates to more than five percent of the
class are:
None
----
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARIES
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY:
Identification: ??????????
---------------------
Classification: (B) A Bank as defined by Section
--------------------------------
3(A)(6) of the Act.
-------------------
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP:
Not Applicable
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
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Page 4 of 5
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ITEM 10. CERTIFICATION
The undersigned expressly declares that the filing of the Schedule 13G shall
not be construed as an admission that the undersigned is, for purposes of
Section 13(d) and 13(g) of the Securities Exchange Act of 1934, the beneficial
owner of any securities covered by this Schedule 13G.
By signing below, I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant
in any transaction having such purposes or effect.
Signature(s)
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: 2-12-99
---------------------------
???????????
By: /s/ James D. Oelschlager
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Executive Vice President
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