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Technology Stocks : TLAB info?

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To: Baldwin who wrote (3030)8/15/1998 2:28:00 PM
From: John Carragher  Read Replies (1) of 7342
 
Are you talking about voting.... Deal; 1 share of cien for one share of tlab will go through 8/21. I expect at that point all cien shares will be converted to tlab and cien will no longer be listed.

The two companies' Boards of Directors, acting separately, have set Monday, July 20, 1998, as the
record date for the determination of stockholders entitled to vote on the merger. Assuming the
requisite approval by both companies' stockholders, the merger is expected to close on August 21

I would expect the spread in price to go away as we close in on 8/21.
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