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Technology Stocks : TLAB info?
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To: Dave Dickerson who wrote (3604)9/10/1998 2:49:00 PM
From: Chuzzlewit  Read Replies (1) of 7342
 
Dave, FWIW here are my thoughts keyed to your points:

1. Deal is either dead or will need to be renegotiated. It is clear that CIEN is not the darling that everyone thought it was a couple of months ago. My prediction: either the deal will go through at around .5 or the deal will be off. If the deal is off TLAB rebounds to the mid 50's;

2.-3. I agree, but still wonder about whether Peter's temporary departure had to do with his feelings about the deal. Do we know for sure that he is undergoing chemotherapy? I have seen only conjecture;

4. Absolutely agree;

5. Who knows?

6. Based on what we know, I doubt it. There will probably be some censure resolution, and a display of contrition on Clinton's part. Dan Burton, who had previously characterized Clinton as a "scumbag" has now admitted to an extramarital affair that resulted in a bastard child. I don't think that anybody in congress is up to the kind of counterattacks we are likely to see if the process goes forward based on sex;

7. Could be. Asia is still the key in my opinion. If Asia can straighten itself out, commodity prices will rise and emerging countries will be bailed out.

8. I agree wholeheartedly!

9. sure.

10. Absolutely, and that's the rationale for my reasoning in #8

TTFN,
CTC
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