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Technology Stocks : Ciena (CIEN)
CIEN 243.79+2.3%Jan 15 4:00 PM EST
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To: Tim Bagwell who wrote (1195)2/2/1998 1:20:00 AM
From: Capitalist  Read Replies (1) of 12623
 
Some key points about LU's WaveStar:

--The Wavestar will be available in the 4th Quarter and AT&T
will be the first to deploy the system. AT&T is greatly boosting the capacity of its 40,000 route miles of fiber in the U.S. and plans to add 20 large SONET rings in 1998 to its existing network of 32 rings.

--LU says that customers can sabe 40% over the lower capacity systems that are currently available because it uses less components. AT&T says that it would save more than $1 billion over five years on facilities and decrease potential SONET equipment costs by more than one-third using Lucent's WaveStar system.

--Wavestar is scalable from 1 to 80 channels and is upgradeable from it's 16-channel system. It will be able to support equipment from a variety of vendors as well. It supports a simultaneous mix of multi-gigabit speed rates of 2.5 Gb/s.

To be frank, it looks to me like CIEN has their hands full IMO. They were completely blind-sided by this announcement.

Regards,

SH
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