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Technology Stocks : Ciena (CIEN)

CIEN 232.23

+1.3%

Jan 26 4:00 PM EST

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To: Ibexx who wrote (11935)	3/22/2002 12:04:15 PM
From: H James Morris	Read Replies (1) of 12623

More Investors have lost money reading lightreading.com than any other publication. They would have been better off reading Mad magazine. What fibre glut? Just call it an industrywide slump, caused by overcapacity and falling prices. >>Bermuda-based Global Crossing, which now operates primarily from Madison, N.J., filed for Chapter 11 bankruptcy protection Jan. 28 after spending $15 billion to create a worldwide fiber-optic network to carry telephone, broadcast and Internet services. Legere characterized Global Crossing as the victim of an industrywide slump, caused by overcapacity and falling prices.<< latimes.com

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