Ciena (CIEN) Message Board

STOCKTALK

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 : Ciena (CIEN)

CIEN 194.21

-7.3%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tom pope who wrote (2652)	9/1/1998 3:04:00 PM
From: Scott Kessler	Read Replies (1) of 12623

"It is certainly noteworthy that at the lows today CIEN was trading 5 1/4 points below "fair value", meaning the then price of TLAB * .8. Now the discount has narrowed to 2 3/4 points. Quite a change in sentiment in a few hours." Just thinking the discount b/w CIEN and 0.8 x TLAB has shrunk considerably. Any reaon why? Perhaps CIEN is trading up on expectations that another offer is forthcoming (CSCO and LU have had nice days so far, could still use stock as currency. Obviously TLAB's shares have been dessimated). Or, is it the perception that these cos.' stocks have snapped back somewhat that makes the consummation of the TLAB deal more likely? Thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next