Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 204.21

+2.0%

Nov 28 4:00 PM EST

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To: gbh who wrote (3437)	9/22/1998 5:42:00 AM
From: PaperChase	of 12623

Your comment about a possible Cisco acquisition of CIEN: >>More likely, he just continues to cultivate an already good relationship, and not have to deal with the business issues of turning around a struggling company.<< A wait-n-see approach by Cisco??? Or even others?? Not likely. Not in the high tech world. Cisco has to be thinking, if they don't acquire them someone else will. And that someone else may be a Cisco competitor. Cisco will try for CIEN by the end of November or not at all. Cisco and Cien will want to wait 6-8 weeks so that CIEN and its problems can stabilize in investors eyes. However, I agree with others, that it may be best to wait for $8.5 by the end of September/early October as a "safe" entry point. May be tough though without another big market sell off.

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