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Technology Stocks : Ciena (CIEN)
CIEN 252.05-0.6%Jan 30 4:00 PM EST
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To: Kenneth E. Phillipps who wrote (11479)8/21/2001 12:13:37 PM
From: jghutchison  Read Replies (1) of 12623
 
Kenneth,

My understanding is both companies along with Fujitsu are being very aggressive in their ASP reductions on the legacy equipment. Lucent probably has more incentive than the others due to its more pressing liquidity problems and bank covenants.

Jack
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