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Technology Stocks : Ciena (CIEN)
CIEN 214.35+0.7%Dec 9 4:00 PM EST

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To: DrGamble who wrote (5591)11/24/1998 12:03:00 PM
From: john dodson   of 12623
 
DrGamble,

None taken! Of course it's a naive question to ask. In fact she could get into legal trouble by telling me details of substance. However, I just wanted to hear Ciena's "official" response to the takeover rumors. No where did she deny or cite the CEO as denying the possibility of a merger in general or specifically with TLAB. She merely cited the CEO as saying the "focus" is on building the business and not selling the company.

To me, this clearly implies that Ciena is open to "acceptable" offers if they happen to occur, but in the mean time is trying to rebuild the business.

Make take only,

John Dodson
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