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Technology Stocks : Ciena (CIEN)
CIEN 208.74+4.8%Nov 10 4:00 PM EST

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To: James Fulop who wrote (9979)12/13/2000 11:10:07 PM
From: Techplayer  Read Replies (2) of 12623
 
James, I heard it through the grapevine. Lightreading has made some disparaging remarks but I tend to view their opinions as fluff. From a practical standpoint, it seems improbable that the people that did leave would have done so at the stage of the game that Cyras is/was in if the ASICs and other issues worked as designed.

During the late summer, Ciena's CEO also stated that he was not interested in any of the start-ups that were out there. I commented at the time that CIEN does not have a great track record with their acquisitions since Omnia essentially cost CIEN over 1.5 billion at today's price and the box has never been sold and won't be sold.

tp
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