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Technology Stocks : General Instrument Corp.'98 (GIC)
GIC 30.46-0.6%2:31 PM EST

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To: John F Beule who wrote (414)8/21/1998 3:07:00 PM
From: John F Beule  Read Replies (1) of 615
 
CIEN/TLAB is dominating todays news. Investors who understand that CIEN is more than just a takeover target are gonna make a boatload of money at this price...why? Because they are giant strides ahead of the competition in DWDM optic technology (the art of stuffing more info thru fiber) this is a BIG technology that merits attention. Why am I posting this? Because GIC has been developing this technology also, and the Buckeye release is just one of many contracts that GIC's OmniStar is knocking down.
Now, ATT stiffed CIEN's product line. There are a few players in DWDM, so this is pure speculation on my part, but ATT is looking for a company that offers the total package (telephony, internet, xDSL, cable,DWDM, satellite), will GIC be selected in this race? I'd like to think so.
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