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Technology Stocks : Qtera

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To: LJM who wrote ()12/9/1999 6:21:00 AM
From: D. K. G.  Read Replies (1) of 43
 
Nortel Is Said to Be Seeking to Buy Qtera Corp.
By SETH SCHIESEL
Bidding to stay on top of the fast-changing optical communications market, Nortel Networks Corp. is nearing a deal to acquire Qtera Corp. for $2.5 billion to $3.5 billion in stock, executives close to the talks said Wednesday.

nytimes.com

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Bummer, I started the Cerent thread and the same thing happened. These companies are getting nipped in the bud by the the established networking giants. I guess it's better for them to buy the next gen optical enterprises now for face buying them out at a later date for 10x the market cap if they ever went public.

regards,

dkg

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