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Technology Stocks : Ciena (CIEN)
CIEN 195.81+7.1%Nov 5 4:00 PM EST

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To: Asymmetric who wrote (2882)9/10/1998 5:01:00 PM
From: Daniel G. DeBusschere  Read Replies (1) of 12623
 
What an incredible turn of events for Ciena-
AT&T announcement on the day of the stockholder's meeting.
Rescheduling stockholder date to September 9th.
News from Russia
News from Southeast Asia
Clinton confession and Ken Star report
Repricing of deal - board approvals
Rescheduling Stockholder's meeting to sometime in November
News from DTS
News from Worldcom
16 1/2 ?????
Maybe a meteor hits the planet next?

Ciena's CEO and Chairman are Ph'ds and understand the business and technology. This is no third rate high tech startup. Telabs will be stupid to not proceed with the deal in my opinion as they need the Ciena technology and customer base to survive. Otherwise, I guess they write a check for $100 million. Let's get on with it either way. This is the future and there is room for more than one supplier.
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