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Technology Stocks : Ciena (CIEN)
CIEN 243.79+2.3%Jan 15 4:00 PM EST
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To: charger who wrote (2784)9/9/1998 3:45:00 PM
From: gbh  Read Replies (1) of 12623
 
Yes, but the street doesn't care about the long term viability of TLAB. That responsiblity falls solely on Michael Birck's shoulders. TLAB needs optical technology going forward. That's why this deal will happen.

Now, the price may yet again be changed. But the deal will happen, and CIEN will be sold above where they are now.

Also, I expect a joint statement after today's close. A buy at close today may yield a nice morning bump. Short term trade only.

gary
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