Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

-0.1%

Nov 12 3:59 PM EST

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To: Paul Engel who wrote (16463)	4/6/1997 10:51:00 PM
From: Jay Charters	of 186894

Paul, I got in on this CIENA deal, but it looks a little over bought so I sold out with a quick 10% profit. Their product is a frequency division multiplexer transponder and reciever which together achieve about 40 Gigabits/Second over conventional fiber. There strenght is that they can use existing fiber lines already installed and boast their bandwidth by an order of magnitude. The IPO only brought out about 5% of the stock and the rest in privately held by management and employees. The have significant contracts with Sprint but I was scared of the competion which is Lucent (Bell Labs). Jay Charters

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