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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: GST who wrote (139471)	2/19/2002 8:22:50 AM
From: Bill Harmond	Read Replies (2) of 164684

08:17 ET CIEN CIENA/ONI Systems acquisition: analyst comments (8.73) -- Update -- The CIEN acquisition is getting generally favorable comments from analysts. DB Alex. Brown says that the transaction will create an optical powerhouse, with leading mkt share across the board, strong customer base, and $1.3 bln in cash. UBS Warburg says the deal makes strategic sense, although cost/revenue synergies and the integration process will be crucial to the success of the merger. CIBC notes that the acquisition could set off a domino effect of big merger-of-equals in optical networking and could boost shares of CORV, SCMR, and TELM. >> but it gets the point we were discussing here -- ONIS was not likely going to survive on its own. My take is you are proclaiming it, not discussing it. I don't remember you offering reasons. Am I right?

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