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Technology Stocks : Ciena (CIEN)
CIEN 200.29+2.1%Nov 26 4:00 PM EST

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To: Techplayer who wrote (9996)12/14/2000 11:30:43 AM
From: jghutchison  Read Replies (1) of 12623
 
techplayer,

You are going to have to explain how the $400 million acquistion cost of Omnia translates to $1.5 cost to the shareholders of Ciena. I'm just an engineer, I don't understand that accounting. Educate me.

I also believe James Fulop's comment was right on the money regarding Cisco's acquisitions, as he beat me to the punch on that one. Let me see you explain that away. Aren't the scenarios similar? Or don't you like to get pinned down?

Buying a product before it was deployed? You have got to be kidding. This is done all the time. Nortel buys XROS. Lucent buys Chromatis. Sycamore buys Scirocco. Cisco buys Cerent. Ciena buys Lightera. Give me a break.

Jack Hutchison
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