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Technology Stocks : Ciena (CIEN)

CIEN 207.29

-0.7%

4:00 PM EST

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To: Techplayer who wrote (9980)	12/13/2000 11:25:45 PM
From: James Fulop	Read Replies (1) of 12623

>>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.<< Actually Ciena has done okay with their acquisitions...Lightera comes to mind (as it was behind the CoreDirector which seems to be well received...) You are right about the Omnia acquisition, although to be accurate Ciena did say a couple of quarters ago that it did sell some EdgeDirectors with a special feature set to a client and that it would be incorporating the EdgeDirector functions in the CoreDirector and other products...

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