SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TLAB info?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Carragher who wrote (3219)8/22/1998 12:05:00 PM
From: Chuzzlewit  Read Replies (2) of 7342
 
John, I think you're right on all counts, and I think the market agrees with you since the price of CIEN is still higher than it was when the merger was announced (if memory serves me correctly). Given all of the CIEN bad news, I would expect the stock to be trading around $20 if the market did not feel an acquisition was in the offing.

All of CIEN's problems appear to me to be of a short-term nature. If its true, as you and Craig and others agree, that the merger is really a technology purchase, then the merger will go through. But market forces cannot be ignored, so I'm guessing that the deal will be much sweeter for TLAB.

In my next post I will provide some hypotheticals that I think may work well for all concerned.

TTFN,
CTC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext