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Technology Stocks : Ciena (CIEN)
CIEN 191.74-1.3%4:00 PM EST
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To: Dennis Lee (Hijacked) who wrote (2422)8/22/1998 2:29:00 PM
From: Ibexx  Read Replies (1) of 12623
 
Dennis,

The initial plunge was precipitated by AT&T's formal announcement of testing cancellation, despite the fact that some folks got the word days/weeks before the general masses.

Although it was speculated that TLAB mgt/shareholders would have second thoughts about a merger, a formal announcement of postponement came only hours later.

Ibexx
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