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Strategies & Market Trends : The New Economy and its Winners
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To: 16yearcycle who wrote (10666)2/27/2002 10:33:06 PM
From: Bill Harmond  Read Replies (1) of 57684
 
"I think the earnings news shocked Ciena and, in turn, it was a surprise to ONI," says Gabriel Lowy, an analyst with Crédit Lyonnais Securities Inc.. "There's a 75 percent, or better, chance that the companies will merge as planned. However, I think there's a 50 percent probability that the terms of the deal will change in ONI's favor."



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