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Technology Stocks : Ciena (CIEN)
CIEN 233.87-1.9%Dec 31 4:00 PM EST
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To: saju chacko who wrote (3168)9/16/1998 1:16:00 AM
From: Gary Korn   of 12623
 
News that bears repeating as WCOM is such a significant CIEN
customer:

Publication Date: Tuesday September 15, 1998
San Francisco Examiner
(Copyright 1998)
WorldCom, MCI deal gets FCC go-ahead
Washington The Federal Communications Commission approved WorldCom Inc.'s
proposed acquisition of long-distance giant MCI Communications Corp.
MCI said on Monday that the deal, which would create the second-largest
U.S. telecommunications company behind AT&T Corp., would close shortly.
The deal, originally valued at $37 billion, would create a
telecommunications behemoth capable of providing long-distance and local phone
service as well as data and international services. (Bloomberg)
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