Tim,
I didn't read it as a deal. I still need to read
it more carefully later today, but from my first
glance at it, it seems like a partnership/collaboration,
which has been going on for a while to make better products, that would help out both CIEN and CSCO. Among probably
several advantages, the ones that come to mind
immediately are:
1) CIEN gets a good dose of credibility siding with
CSCO. CSCO is one of the 'gorilla' companies that
is here to stay. I would think other big companies'
like AT&T, etc. would greatly appreciate this.
2) CSCO badly wants to get into the carrier space
with its higher end equipment. If they don't
they face getting chewed up by smaller margin
network companies below them in the food chain.
I doubt very much they would partner with LU. This is
their direct competitor. CSCO, I'm willing to bet, thinks
they can be top dog over LU, and is trying to throw LU
out of the picture. IMHO, I think they have a real
good chance of this.
* ANOTHER IMPORTANT CLUE TO LAST TUESDAY'S RUNUP *
--------------------------------------------------
Yesterday, I was browsing through a previous edition of
Red Herring magazine, and I saw that GOLDMAN SACHS was
their IPO underwriter. Well, guess who made the
upgrade? (or rather reit of a hold position)
So obviously, GOLDMAN SACHS has a vested interest and
cannot be trusted to give unbiased information.
Boy, this stock is getting to be a puzzler... I feel
it has potential, but who knows what's going on
behind the scenes. I guess one has to play the
"show me the money" game. No large risk taking on
my part, unless I see a really good reason - I'll
probably buy the stock if it goes down again, for
now I just feel like holding.
Anybody, have any better insights - I HOPE SO!! I
need 'em <g>
Joe
|
