Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 191.74

-1.3%

Nov 14 4:00 PM EST

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To: Paul Shread who wrote (2739)	9/9/1998 12:03:00 PM
From: Doughboy	Read Replies (1) of 12623

I'm getting a pounding headache from CIEN. Whatever could go wrong has gone wrong the last few weeks. At this point, I'm going to hang in there. I think TLAB's Birck is between a rock and a hard place; he basically promised that the deal would be sealed on Nov. 9 with no changes. His word has been golden among analysts and investors, and he doesn't want to lose credibility yet again. Losing the contract is probably not a material adverse event to justify breaking off. I think he has to stick to it, and if he wants to crater the deal, he has to hope that shareholders will do the dirty deed for him. Doughboy.

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