Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 209.52

+1.0%

Nov 12 4:00 PM EST

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To: Doughboy who wrote (2663)	9/2/1998 1:32:00 PM
From: Larry S.	Read Replies (3) of 12623

The amount that the spread is widening is very concerning. CIEN should trade at about a 10% discount to the conversion price. TLAB right now is 45 7/8, x.8 = 36.7, 10% haircut = 33.03, CIEN is now 28 1/2. Something is rotten in the state of denmark. larry

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