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Technology Stocks : Ciena (CIEN)
CIEN 239.00-1.1%Dec 29 4:00 PM EST
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To: Ibexx who wrote (11826)2/18/2002 9:07:28 AM
From: Kenneth E. Phillipps  Read Replies (1) of 12623
 
Ciena needed ONIS to compete in the metro DWDM space with Nortel. ONIS was unable to overtake Nortel's #1 spot in metro DWDM by itself so they apparently decided a merger would help.
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