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Technology Stocks : Ciena (CIEN)
CIEN 252.98-0.2%Feb 5 4:00 PM EST

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To: Tom Hua who wrote (312)6/7/1997 6:36:00 PM
From: craig crawford   of 12623
 
<< I think the whole thing could just be a decoy to soften the impact of the upcoming secondary offering. >>

If it's just a decoy for CIEN, then why is AT&T participating? What do they get out of helping CIEN soften the impact of a secondary?

<< Does AT&T really need two vendors, two systems? >>

From the press release:

AT&T has been evaluating DWDM system products, with enhancements to
enable the use of multiple vendors in an open architecture, for deployment in its network.

I hope this doesn't sound too combative, but (IMO) your extremely bearish tone is starting to cloud your judgement.
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