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Technology Stocks : Ciena (CIEN)
CIEN 204.03+1.9%Nov 28 4:00 PM EST
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To: Ibexx who wrote (11637)11/12/2001 4:21:07 PM
From: Techplayer  Read Replies (2) of 12623
 
Ibexx, Right, but is writing it off killing the product or is it disposing of the paper deficit created by the drop in CIEN's stock price? I am unfamiliar with the accounting rules and practices in relation to acquisitions and development in process. LU finally wrote off the Chromatis deal last quarter and killed the product effort entirely.

thanks.

edit: this article explains it...
lightreading.com

tp
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